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ALRS Stock Forecast: Alerus Financial Corporation Price Predictions for 2026

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$28.95

+0.24 (0.84%)

ALRS Stock Forecast 2026-2027

$28.95
Current Price
$727.47M
Market Cap
4 Ratings
Buy 0
Hold 4
Sell 0
Wall St Analyst Ratings

Distance to ALRS Price Targets

+0.2%
To High Target of $29.00
-2.4%
To Median Target of $28.25
-6.7%
To Low Target of $27.00

ALRS Price Momentum

+1.3%
1 Week Change
+7.6%
1 Month Change
+35.6%
1 Year Change
+28.6%
Year-to-Date Change
-1.3%
From 52W High of $29.33
+42.9%
From 52W Low of $20.26
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Latest ALRS Stock Price Targets & Analyst Predictions

Based on our analysis of 4 Wall Street analysts, ALRS has a neutral consensus with a median price target of $28.25 (ranging from $27.00 to $29.00). The overall analyst rating is Buy (6.0/10). Currently trading at $28.95, the median forecast implies a -2.4% downside. This outlook is supported by 0 Buy, 4 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Jeff Rulis at DA Davidson, projecting a 0.2% upside. Conversely, the most conservative target is provided by Damon Delmonte at Keefe, Bruyette & Woods, suggesting a 6.7% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ALRS Analyst Ratings

0
Buy
4
Hold
0
Sell

ALRS Price Target Range

Low
$27.00
Average
$28.25
High
$29.00
Current: $28.95

Latest ALRS Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ALRS.

Date Firm Analyst Rating Change Price Target
May 1, 2026 DA Davidson Jeff Rulis Neutral Maintains $29.00
May 1, 2026 Piper Sandler Nathan Race Neutral Maintains $28.50
May 1, 2026 Keefe, Bruyette & Woods Damon Delmonte Market Perform Maintains $27.00
Jan 30, 2026 DA Davidson Neutral Maintains $N/A
Jan 30, 2026 Keefe, Bruyette & Woods Market Perform Maintains $N/A
Jan 7, 2026 Hovde Group Market Perform Downgrade $N/A
Jan 5, 2026 Raymond James Strong Buy Upgrade $N/A
Nov 4, 2025 Piper Sandler Neutral Maintains $N/A
Nov 3, 2025 Keefe, Bruyette & Woods Market Perform Maintains $N/A
Jul 30, 2025 Piper Sandler Neutral Maintains $N/A
Jul 29, 2025 DA Davidson Neutral Maintains $N/A
Jul 29, 2025 Raymond James Outperform Reiterates $N/A
Jul 29, 2025 Keefe, Bruyette & Woods Market Perform Maintains $N/A
May 2, 2025 Piper Sandler Neutral Maintains $N/A
Apr 30, 2025 Keefe, Bruyette & Woods Market Perform Maintains $N/A
Jan 30, 2025 DA Davidson Neutral Maintains $N/A
Jan 30, 2025 Raymond James Outperform Reiterates $N/A
Jan 30, 2025 Piper Sandler Neutral Maintains $N/A
Dec 4, 2024 Keefe, Bruyette & Woods Market Perform Maintains $N/A
Oct 31, 2024 Piper Sandler Neutral Maintains $N/A

Alerus Financial Corporation (ALRS) Competitors

The following stocks are similar to Alerus Financial based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Alerus Financial Corporation (ALRS) Financial Data

Alerus Financial Corporation has a market capitalization of $727.47M with a P/E ratio of 27.6x. The company generates $236.54M in trailing twelve-month revenue with a 11.5% profit margin.

Revenue growth is +18.7% quarter-over-quarter, while maintaining an operating margin of +40.0% and return on equity of +5.0%.

Valuation Metrics

Market Cap $727.47M
Enterprise Value $898.13M
P/E Ratio 27.6x
PEG Ratio 0.4x
Price/Sales 3.1x

Growth & Margins

Revenue Growth (YoY) +18.7%
Gross Margin N/A
Operating Margin +40.0%
Net Margin +11.5%
EPS Growth +72.5%

Financial Health

Cash/Price Ratio +19.2%
Current Ratio N/A
Debt/Equity 0.5x
ROE +5.0%
ROA +0.5%
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Alerus Financial Corporation logo

Alerus Financial Corporation (ALRS) Business Model

About Alerus Financial Corporation

What They Do

Diversified financial services bank holding company.

Business Model

The company generates revenue through its three main segments: Banking, which offers lending and deposit products; Retirement and Benefit Services, providing retirement planning and benefits administration; and Wealth Management, delivering tailored wealth services. Additionally, Alerus offers treasury management and mortgage services to meet the financial needs of both individuals and businesses.

Additional Information

Headquartered in Grand Forks, North Dakota, Alerus has a strong regional presence while also operating nationally. It focuses on personalized client solutions to help customers achieve their financial goals, making it one of the oldest banks in the upper Midwest.

Company Information

Sector

Financial Services

Industry

Banks - Regional

Employees

821

CEO

Ms. Katie A. Lorenson C.P.A.

Country

United States

IPO Year

2003

Alerus Financial Corporation (ALRS) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Will UPST's Credit Union Partnerships Strengthen Its Lending Growth?

Upstart expands its credit union network with Community Choice CU as funding capacity continue to grow.

May 28, 2026 By Zacks Equity Research Analyst Blog

Are Investors Undervaluing Alerus Financial (ALRS) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

May 28, 2026 By Zacks Equity Research Tale of the Tape

Latest News

ALRS stock latest news image
Quick Summary

Caterpillar Inc. plans a 32nd consecutive annual dividend increase of 7.3โ€“8.6% to $6.48โ€“$6.56, supported by 30% EPS growth and a 32% payout ratio. JPMorgan also expects mid-to-high single-digit increases.

Why It Matters

Caterpillar's consistent dividend increases and strong EPS growth indicate financial stability and shareholder value, attracting income-focused investors and reflecting broader market trends.

Source: Seeking Alpha
Market Sentiment: Positive
ALRS stock latest news image
Quick Summary

GECC, ALRS, and PLGO have been rated as Zacks Rank #1 (Strong Buy) income stocks as of May 29, 2026.

Why It Matters

GECC, ALRS, and PLGO's Zacks Rank #1 indicates strong potential for returns, suggesting favorable investment opportunities in income stocks.

Source: Zacks Investment Research
Market Sentiment: Positive
ALRS stock latest news image
Quick Summary

Zacks emphasizes its ranking system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.

Why It Matters

The emphasis on earnings estimates and revisions signals potential stock performance, guiding investors toward high-potential stocks based on current market trends.

Source: Zacks Investment Research
Market Sentiment: Positive
ALRS stock latest news image
Quick Summary

ALRS, LII, and ESEA have increased their dividends, responding to investor demand for steady income amid inflation, geopolitical tensions, and interest rate uncertainties.

Why It Matters

Increased dividends from ALRS, LII, and ESEA signal strong cash flow and commitment to shareholder returns, attracting income-focused investors amid economic uncertainty.

Source: Zacks Investment Research
Market Sentiment: Neutral
ALRS stock latest news image
Quick Summary

MUSA, FLXS, ALRS, HCSG, and DAVE have been assigned a Zacks Rank #1 (Strong Buy) as of May 27, 2026.

Why It Matters

Stocks MUSA, FLXS, ALRS, HCSG, and DAVE receiving a Zacks Rank #1 indicates strong buy potential, suggesting favorable market sentiment and possible price appreciation.

Source: Zacks Investment Research
Market Sentiment: Positive
ALRS stock latest news image
Quick Summary

FAF, ALRS, and FLXS have been rated as Zacks Rank #1 (Strong Buy) income stocks as of May 27, 2026.

Why It Matters

FAF, ALRS, and FLXS being ranked as Strong Buy signals high potential for returns, attracting investors seeking income and growth opportunities in their portfolios.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About ALRS Stock

What is Alerus Financial Corporation's (ALRS) stock forecast for 2026?

Based on our analysis of 4 Wall Street analysts, Alerus Financial Corporation (ALRS) has a median price target of $28.25. The highest price target is $29.00 and the lowest is $27.00.

Is ALRS stock a good investment in 2026?

According to current analyst ratings, ALRS has 0 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $28.95. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for ALRS stock?

Wall Street analysts predict ALRS stock could reach $28.25 in the next 12 months. This represents a -2.4% decrease from the current price of $28.95. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Alerus Financial Corporation's business model?

The company generates revenue through its three main segments: Banking, which offers lending and deposit products; Retirement and Benefit Services, providing retirement planning and benefits administration; and Wealth Management, delivering tailored wealth services. Additionally, Alerus offers treasury management and mortgage services to meet the financial needs of both individuals and businesses.

What is the highest forecasted price for ALRS Alerus Financial Corporation?

The highest price target for ALRS is $29.00 from Jeff Rulis at DA Davidson, which represents a 0.2% increase from the current price of $28.95.

What is the lowest forecasted price for ALRS Alerus Financial Corporation?

The lowest price target for ALRS is $27.00 from Damon Delmonte at Keefe, Bruyette & Woods, which represents a -6.7% decrease from the current price of $28.95.

What is the overall ALRS consensus from analysts for Alerus Financial Corporation?

The overall analyst consensus for ALRS is neutral. Out of 4 Wall Street analysts, 0 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $28.25.

How accurate are ALRS stock price projections?

Stock price projections, including those for Alerus Financial Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 7, 2026 3:57 AM UTC
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