Alerus Financial (ALRS) Stock Forecast, Price Target & Predictions
ALRS Stock Forecast
Alerus Financial (ALRS) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $23.00, with a high of $23.00 and a low of $23.00. This represents a 35.29% increase from the last price of $17.00.
ALRS Stock Rating
Alerus Financial stock's rating consensus is Hold, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (25.00%), 3 Hold (75.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
ALRS Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Alerus Financial | 35.29% |
Sector | Financial Services Stocks | 15.02% |
Industry | Regional Banks Stocks | 22.26% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 6 |
Avg Price Target | - | - | $23.17 |
Last Closing Price | $17.00 | $17.00 | $17.00 |
Upside/Downside | - | - | 36.29% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 1 | 1 | 3 | - | - | 5 |
Mar, 25 | 1 | 1 | 3 | - | - | 5 |
Feb, 25 | 1 | 1 | 3 | - | - | 5 |
Jan, 25 | 1 | 1 | 3 | - | - | 5 |
Dec, 24 | 1 | 1 | 3 | - | - | 5 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 31, 2024 | Nathan Race | Piper Sandler | $23.00 | $20.40 | 12.75% | 35.29% |
Sep 17, 2024 | Wallave William IV | Raymond James | $24.00 | $22.39 | 7.19% | 41.18% |
Jul 29, 2024 | Nathan Race | Piper Sandler | $24.00 | $22.37 | 7.29% | 41.18% |
May 16, 2024 | Jeffrey Rulis | D.A. Davidson | $22.00 | $19.74 | 11.45% | 29.41% |
May 16, 2024 | Nathan Race | Piper Sandler | $22.50 | $19.65 | 14.50% | 32.35% |
Apr 29, 2024 | Nathan Race | Piper Sandler | $23.50 | $20.10 | 16.92% | 38.24% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 31, 2024 | Piper Sandler | Neutral | Neutral | hold |
Sep 17, 2024 | Raymond James | Outperform | upgrade | |
Jul 29, 2024 | Piper Sandler | Neutral | Neutral | hold |
May 17, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | hold |
May 16, 2024 | Hovde Group | Outperform | upgrade | |
Apr 29, 2024 | Piper Sandler | Neutral | Neutral | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $2.57 | $3.02 | $2.12 | $0.59 | $0.84 | - | - |
Avg Forecast | $2.41 | $2.80 | $2.21 | $1.48 | $1.28 | $2.01 | $2.29 |
High Forecast | $2.50 | $2.91 | $2.27 | $1.50 | $1.32 | $2.23 | $2.35 |
Low Forecast | $2.32 | $2.69 | $2.13 | $1.47 | $1.23 | $1.80 | $2.23 |
Surprise % | 6.64% | 7.86% | -4.07% | -60.14% | -34.38% | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $228.18M | $230.24M | $208.77M | $166.01M | - | - | - |
Avg Forecast | $227.19M | $231.93M | $214.80M | $182.33M | $212.40M | $270.74M | $284.68M |
High Forecast | $233.75M | $238.64M | $219.61M | $182.57M | $212.65M | $271.87M | $287.22M |
Low Forecast | $220.42M | $225.03M | $208.91M | $182.09M | $212.15M | $269.61M | $282.15M |
Surprise % | 0.44% | -0.73% | -2.81% | -8.95% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $44.67M | $52.68M | $40.01M | $11.70M | $17.78M | - | - |
Avg Forecast | $34.68M | $34.89M | $36.61M | $11.70M | $25.65M | $40.57M | $46.11M |
High Forecast | $41.61M | $41.87M | $43.93M | $14.04M | $26.50M | $44.91M | $47.38M |
Low Forecast | $27.74M | $27.91M | $29.28M | $9.36M | $24.80M | $36.22M | $44.84M |
Surprise % | 28.82% | 50.99% | 9.29% | -0.04% | -30.68% | - | - |