What is DA Davidson’s Estimate for ALRS Q1 Earnings?

Alerus Financial Co. (NASDAQ:ALRS) – Research analysts at DA Davidson issued their Q1 2025 EPS estimates for Alerus Financial in a research report issued on Thursday, January 30th. DA Davidson analyst J. Rulis expects that the company will earn $0.44 per share for the quarter. DA Davidson 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 $0.71 per share.

Alerus Financial (NASDAQ:ALRS) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.16. Alerus Financial had a net margin of 1.01% and a return on equity of 6.02%.

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

Alerus Financial Stock Performance

Shares of ALRS stock opened at $21.37 on Friday. The stock has a 50-day moving average of $20.44 and a 200-day moving average of $21.48. Alerus Financial has a one year low of $17.99 and a one year high of $24.69. The stock has a market cap of $541.52 million, a PE ratio of 133.57 and a beta of 0.71. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ALRS. Stieven Capital Advisors L.P. bought a new position in Alerus Financial during the third quarter worth $5,966,000. Grace & White Inc. NY bought a new stake in shares of Alerus Financial during the 4th quarter worth about $4,930,000. Choreo LLC acquired a new position in Alerus Financial in the 4th quarter valued at about $2,620,000. Empowered Funds LLC grew its stake in Alerus Financial by 70.8% in the 4th quarter. Empowered Funds LLC now owns 80,184 shares of the company’s stock valued at $1,543,000 after buying an additional 33,247 shares during the last quarter. Finally, Squarepoint Ops LLC raised its holdings in Alerus Financial by 191.1% in the 2nd quarter. Squarepoint Ops LLC now owns 46,839 shares of the company’s stock valued at $919,000 after acquiring an additional 30,750 shares during the period. 51.25% of the stock is currently owned by institutional investors.

Alerus Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Friday, December 27th were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $0.80 annualized dividend and a yield of 3.74%. Alerus Financial’s dividend payout ratio (DPR) is currently 500.03%.

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.