Alerus Financial Corp [ALRS] stock prices are up 0.90% to $22.52 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ALRS shares have gain 1.90% over the last week, with a monthly amount glided 3.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Raymond James upgraded its rating to Outperform on September 17, 2024, and kept the price target unchanged to $24. On May 16, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $23 on the stock. Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and suggested a price target of $18 on April 12, 2023. Hovde Group downgraded its rating to Market Perform for this stock on January 26, 2023, but kept the price target unchanged to $21. In a note dated July 29, 2022, Hovde Group upgraded an Outperform rating on this stock and boosted its target price from $27 to $28.
The stock price of Alerus Financial Corp [ALRS] has been fluctuating between $15.78 and $24.33 over the past year. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Alerus Financial Corp [NASDAQ: ALRS] shares were valued at $22.52 at the most recent close of the market. An investor can expect a potential return of 2.13% based on the average ALRS price forecast.
Analyzing the ALRS fundamentals
The Alerus Financial Corp [NASDAQ:ALRS] reported sales of 399.41M for trailing twelve months, representing a surge of 23.81%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.19 points at the first support level, and at 21.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.72, and for the 2nd resistance point, it is at 22.91.
Ratios To Look Out For
It’s worth pointing out that Alerus Financial Corp [NASDAQ:ALRS]’s Current Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 10.85.
Transactions by insiders
Recent insider trading involved Villalon Alan, EVP & Chief Financial Officer, that happened on Jul 31 ’25 when 2350.0 shares were purchased. EVP & Chief Ret. Svcs. Officer, Wilson Forrest completed a deal on May 01 ’25 to buy 5000.0 shares.
