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ALRS Stock Forecast: Alerus Financial Corp. Price Predictions for 2026-2027

Last close, 8 Oct 2026
$32
−1.19% on the day

The 5 Wall Street analysts covering Alerus Financial Corp. hold a median 12-month price target of $35 — +10.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 46 of 100 as at 8 Oct 2026 — in the lower half.

Market cap
$798.7M
Ticker Nerd rank
46 / 100
Median analyst target
$35
Analysts covering
5
Revenue$80.0M+8.4% y/y
Net income$20.9M
Free cash flow$17.9M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.2%
1M
−4.1%
YTD
+43.9%
1Y
+51.4%
From 52W high
−6.6%
From 52W low
+57.1%
$20
$34
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ALRS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Alerus Financial Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Oct 2026
46 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
99
Revisions
71
Accruals
59
Size
47
Issuance
45
Volatility
39
Value
33
Growth
26
Quality
20

Momentum (99): The shares have been drifting up relative to others.

Quality (20): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ALRS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ALRS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$25$30$35$40Jan 26Apr 26Jul 26Oct 26ALRSHigh $38Median $35Low $32

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
2 Buy3 Hold0 Sell
Low $32Median $35High $38

The green dot is the last close — the median target sits +10.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
2 Oct 2026Piper SandlerUpgradeOverweight$37 → $38
31 July 2026Keefe, Bruyette & WoodsMaintainsMarket Perform—
31 July 2026Keefe, Bruyette & WoodsMaintainsMarket Perform$29 → $32
31 July 2026Piper SandlerMaintainsNeutral—
31 July 2026Piper SandlerMaintainsNeutral$32 → $37
9 July 2026Raymond JamesReinstatesOutperform$34
26 June 2026Piper SandlerMaintainsNeutral—
1 May 2026DA DavidsonMaintainsNeutral—
1 May 2026Keefe, Bruyette & WoodsMaintainsMarket Perform—
1 May 2026Piper SandlerMaintainsNeutral—
30 Jan 2026DA DavidsonMaintainsNeutral—
30 Jan 2026Keefe, Bruyette & WoodsMaintainsMarket Perform—
30 Jan 2026Raymond JamesMaintainsStrong Buy—
7 Jan 2026Hovde GroupDowngradeMarket Perform—
5 Jan 2026Raymond JamesUpgradeStrong Buy—
4 Nov 2025Piper SandlerMaintainsNeutral—
3 Nov 2025Keefe, Bruyette & WoodsMaintainsMarket Perform—
30 July 2025Piper SandlerMaintainsNeutral—
29 July 2025DA DavidsonMaintainsNeutral—
29 July 2025Keefe, Bruyette & WoodsMaintainsMarket Perform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ALRS appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

ALRS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, Alerus Financial Corp. returned +51.4% against +16.2% for the S&P 500, dividends included.

ALRS vs S&P 500, last 12 monthsTotal return, rebased to 100
100120140160Jan 26Apr 26Jul 26Oct 26ALRSS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ALRS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+1.2%
Analysts raising
0
Analysts cutting
1
Fundamentals

Alerus Financial Corp. (ALRS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
29.7×

Cheaper than 26% of US stocks

Price / sales
3.3×

Cheaper than 36% of US stocks

Price / book
1.4×

Cheaper than 58% of US stocks

EV / EBITDA
—
Growth & margins
Revenue growth (YoY)
7.2%

Higher than 45% of US stocks

Earnings growth (YoY)
3.0%

Higher than 40% of US stocks

Gross margin
—
Operating margin
36.5%

Higher than 90% of US stocks

Net margin
11.5%

Higher than 72% of US stocks

Returns & dividend
Return on equity
5.0%

Higher than 53% of US stocks

Return on assets
0.5%

Higher than 46% of US stocks

Dividend yield
2.8%

Higher than 84% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Alerus Financial Corp. (ALRS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Alerus Financial Corp. has a market value of $798.7M and an enterprise value of $1.1B.

  • Revenue in the twelve months to 30 June 2026: $233.7M. The latest quarter grew 7.2% year on year.

  • Net income over the same four quarters: $27.7M, a 11.9% net margin.

  • Diluted earnings per share, trailing twelve months: $1.07.

  • Free cash flow in the twelve months to 30 June 2026: $89.3M.

  • Alerus Financial Corp. spent $14.2M on share buybacks and $21.1M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 25.0M.

  • Trailing P/E: 29.7×; forward P/E: 11.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.76%, paying out 79% of earnings.

  • Alerus Financial Corp. employs 821 people — $285K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Oct 2026

Data provided by Twelve Data

Peers

ALRS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBanks - Regional
CompanyMarket capTKN rank
ALRSAlerus Financial Corp.$798.7M
46
HTBHomeTrust Bancshares, Inc.$809.9M
84
ORRFOrrstown Financial Services, Inc.$813.0M
81
SMBCSouthern Missouri Bancorp, Inc.$793.9M
83
IBCPIndependent Bank Corp. (Michigan)$793.8M
86
RCBCRiver City Bank (Sacramento, California)$793.3M
54
SPFISouth Plains Financial, Inc. (Texas)$819.4M
64

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Alerus Financial Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ALRS news & analysis

Dividend Champion, Contender, And Challenger Highlights: Week October 4

Seeking Alpha · 2 Oct 2026neutral

This is a weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, highlighting companies that changed their dividends and those with upcoming ex-dividend dates for the week of October 4.

Why it matters — A Alerus Financial Corp. watcher may reference this list to see whether ALRS is included among dividend-paying companies with dividend changes or upcoming ex-dividend dates that week.

Alerus Financial Corporation to Announce Third Quarter Financial Results on Wednesday, October 28

GlobeNewsWire · 1 Oct 2026neutral

Alerus Financial Corporation announced it will release its third quarter financial results on Wednesday, October 28, 2026, and will host a related conference call at 11:00 a.m. that day.

Why it matters — This announcement lets Alerus watchers know when the company's third quarter performance will be disclosed and when the management conference call will take place.

Implied Volatility Surging for Alerus Financial Stock Options

Zacks Investment Research · 22 Sept 2026neutral

Zacks Investment Research reports that implied volatility is surging for Alerus Financial Corp. (ALRS) stock options, drawing investor attention to recent options-market movements.

Why it matters — A surge in implied volatility signals increased options-market activity and uncertainty around ALRS, something a stock watcher would track for signs of changing market expectations.

Alerus Financial Corporation Declares Cash Dividend on Common Shares and Announces New Stock Repurchase Program

GlobeNewsWire · 27 Aug 2026positive

Alerus Financial Corporation announced that its board of directors declared a regular quarterly cash dividend of $0.22 per common share, a 4.76% increase over the dividend paid a year ago. The dividend is payable on October 9, 2026, to stockholders of record as of the close of business on September 25, 2026.

Why it matters — The dividend increase signals a higher return to shareholders, which is relevant to ALRS watchers monitoring the company's capital-return policy.

Are Finance Stocks Lagging Alerus Financial (ALRS) This Year?

Zacks Investment Research · 12 Aug 2026neutral

Zacks Investment Research compares how Alerus Financial (ALRS) and Avidia Bancorp (AVBC) have performed relative to their sector so far this year, asking whether finance stocks are lagging Alerus.

Why it matters — It offers a direct, sector-relative performance comparison that helps Alerus watchers gauge where the company stands among its peers this year.

FAQ

Frequently asked questions about ALRS stock

What is the ALRS stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Alerus Financial Corp. have a median 12-month price target of $35, with estimates ranging from $32 to $38. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ALRS stock a buy right now?

Of the 5 analysts covering Alerus Financial Corp., 2 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Alerus Financial Corp. 46 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ALRS?

As at 8 Oct 2026, Alerus Financial Corp. ranks 46 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (99 of 100).

Will ALRS stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +10.5% from the last close, and Ticker Nerd's factor model ranks Alerus Financial Corp. 46 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ALRS stock forecast for 2030?

No analyst covering Alerus Financial Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ALRS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $32 to $38 over the next 12 months.

How has ALRS stock performed over the past year?

Alerus Financial Corp. returned +51.4% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Alerus Financial Corp. do?

Alerus Financial Corporation is a diversified financial services company that provides banking, wealth, retirement, and employee benefits solutions for businesses and consumers. Through Alerus Financial, National Association, it offers deposit accounts, lending products, treasury management, mortgage services, and digital banking tools designed to support everyday banking and cash management needs.

What is the latest news on ALRS?

The most recent item we track (Seeking Alpha, 2 Oct 2026): "Dividend Champion, Contender, And Challenger Highlights: Week October 4". This is a weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, highlighting companies that changed their dividends and those with upcoming ex-dividend dates for the week of October 4.

Company

About Alerus Financial Corp.

Alerus Financial Corporation is a diversified financial services company that provides banking, wealth, retirement, and employee benefits solutions for businesses and consumers. Through Alerus Financial, National Association, it offers deposit accounts, lending products, treasury management, mortgage services, and digital banking tools designed to support everyday banking and cash management needs. The company’s retirement and benefit services include plan administration, fiduciary support, payroll-related services, health savings accounts, and employee stock ownership plan solutions for employers and participants. Its wealth business serves individuals, families, and commercial clients with financial planning, investment management, trust, estate administration, and custody services. Alerus Financial Corporation plays a broad role in the financial market by combining community-oriented banking with specialized retirement and advisory capabilities, making it a provider of integrated financial solutions across personal, commercial, and institutional client segments.

CEO Ms. Katie A. O'Neill Lorenson CPA · 821 employees · United States · https://www.alerus.com