What is DA Davidson’s Forecast for ALRS FY2026 Earnings?

Alerus Financial Co. (NASDAQ:ALRS) – DA Davidson issued their FY2026 earnings per share (EPS) estimates for shares of Alerus Financial in a report issued on Friday, March 28th. DA Davidson analyst J. Rulis forecasts that the company will post earnings of $2.30 per share for the year. DA Davidson currently has a “Neutral” rating and a $23.00 price objective on the stock. The consensus estimate for Alerus Financial’s current full-year earnings is $2.14 per share.

Alerus Financial (NASDAQ:ALRS) last announced its earnings results on Tuesday, January 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.28 by $0.16. Alerus Financial had a return on equity of 7.66% and a net margin of 6.26%.

Several other equities analysts have also issued reports on the stock. Piper Sandler boosted their target price on shares of Alerus Financial from $21.00 to $24.00 and gave the company a “neutral” rating in a report on Thursday, January 30th. Raymond James reissued an “outperform” rating and issued a $24.00 price objective (up from $22.00) on shares of Alerus Financial in a research note on Thursday, January 30th. Finally, Keefe, Bruyette & Woods upped their target price on Alerus Financial from $22.00 to $23.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Alerus Financial currently has an average rating of “Hold” and an average target price of $23.40.

Alerus Financial Trading Down 0.2 %

NASDAQ:ALRS opened at $18.43 on Monday. Alerus Financial has a 52 week low of $17.95 and a 52 week high of $24.41. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.85 and a current ratio of 0.85. The firm’s fifty day moving average is $20.03 and its 200-day moving average is $20.99. The firm has a market cap of $470.17 million, a P/E ratio of 18.07 and a beta of 0.74.

Alerus Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 14th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.34%. The ex-dividend date is Friday, March 14th. Alerus Financial’s dividend payout ratio (DPR) is currently 78.43%.

Hedge Funds Weigh In On Alerus Financial

Several institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its position in Alerus Financial by 457.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,277 shares of the company’s stock valued at $25,000 after buying an additional 1,048 shares in the last quarter. Legal & General Group Plc grew its stake in Alerus Financial by 32.7% in the fourth quarter. Legal & General Group Plc now owns 2,025 shares of the company’s stock valued at $39,000 after acquiring an additional 499 shares during the period. Summit Investment Advisors Inc. increased its holdings in shares of Alerus Financial by 31.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 2,349 shares of the company’s stock valued at $45,000 after acquiring an additional 568 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Alerus Financial during the fourth quarter worth approximately $56,000. Finally, New York State Common Retirement Fund lifted its holdings in shares of Alerus Financial by 41.7% in the 4th quarter. New York State Common Retirement Fund now owns 6,451 shares of the company’s stock worth $124,000 after purchasing an additional 1,900 shares in the last quarter. Institutional investors and hedge funds own 51.25% of the company’s stock.

Alerus Financial Company Profile

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management.