ALRSALRSFinancial Services · Banks - Regional

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

Last close, 30 Oct 2026
$33
+0.54% on the day

The 5 Wall Street analysts covering Alerus Financial Corp. hold a median 12-month price target of $35 — +5.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 55 of 100 as at 31 Oct 2026 — in the upper half.

Market cap
$826.8M
Ticker Nerd rank
55/ 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
+3.0%
1M
+5.2%
YTD
+50.9%
1Y
+61.7%
From 52W high
−2.0%
From 52W low
+63.9%
$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 31 Oct 2026
55/ 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
97
Volatility
50
Accruals
47
Size
46
Issuance
43
Value
32
Growth
25
Quality
22

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

Quality (22): 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 systematic trader with 15+ 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 +5.4% 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.

ALRS appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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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 30 Oct 2026, Alerus Financial Corp. returned +61.7% against +12.4% 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 movingThis fiscal year
EPS revision, 90 days
−0.6%
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
27.9×

Cheaper than 27% of US stocks

Price / sales
3.3×

Cheaper than 36% of US stocks

Price / book
1.4×

Cheaper than 55% of US stocks

EV / EBITDA
—
Growth & margins
Revenue growth (YoY)
8.7%

Higher than 49% of US stocks

Earnings growth (YoY)
13.4%

Higher than 52% of US stocks

Gross margin
—
Operating margin
34.2%

Higher than 89% of US stocks

Net margin
12.1%

Higher than 74% of US stocks

Returns & dividend
Return on equity
5.3%

Higher than 54% of US stocks

Return on assets
0.6%

Higher than 47% of US stocks

Dividend yield
2.6%

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 $826.8M and an enterprise value of $1.2B.

  • Revenue in the twelve months to 30 June 2026: $233.7M. The latest quarter grew 8.7% 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: 27.9×; forward P/E: 11.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.65%, 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 31 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.$826.8M55
SMBKSmartFinancial, Inc.$828.6M61
AGBKAGI, Inc. (Brazil)$823.6M1
RCBCRiver City Bank (Sacramento, California)$841.0M55
IBCPIndependent Bank Corp. (Michigan)$811.8M44
SPFISouth Plains Financial, Inc. (Texas)$842.6M65
MPBMid Penn Bancorp, Inc.$854.0M47

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

Alerus Financial Corporation (ALRS) Q3 2026 Earnings Call Transcript

Seeking Alpha · 29 Oct 2026neutral

Alerus Financial Corporation held its Q3 2026 earnings conference call on October 29, 2026. The excerpt lists company executives and analysts participating but provides no financial results or discussion details.

Why it matters — The call is relevant to ALRS watchers, but the supplied excerpt does not include information about the company’s quarterly performance.

What Alerus Financial (ALRS) Said on Its Q3 Earnings Call

MarketBeat · 29 Oct 2026positive

Alerus Financial reported record quarterly revenue and higher year-over-year earnings. The company cited commercial lending growth, relationship deposits, and expansion in its wealth and retirement businesses as support.

Why it matters — ALRS watchers may find the results and the business areas supporting growth relevant when following the company’s performance.

Alerus (ALRS) Q3 Earnings and Revenues Beat Estimates

Zacks Investment Research · 29 Oct 2026positive

Alerus reported quarterly earnings of $0.71 per share, above the Zacks Consensus Estimate of $0.67. Earnings were $0.66 per share in the year-ago quarter.

Why it matters — The report gives ALRS watchers an update on quarterly earnings relative to consensus and the prior-year quarter.

Alerus (ALRS) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks Investment Research · 29 Oct 2026neutral

Zacks Investment Research notes that Alerus reported Q3 earnings for the quarter ended September 2026. The excerpt highlights comparing key metrics with Wall Street estimates and year-ago figures but does not provide the results.

Why it matters — ALRS watchers may find the comparison of quarterly metrics with expectations and prior-year numbers useful for assessing the report.

Alerus Financial Corporation Reports Third Quarter 2026 Net Income of $19.2 Million

GlobeNewsWire · 28 Oct 2026neutral

Alerus Financial reported third-quarter 2026 net income of $19.2 million, or $0.76 per diluted common share. This compared with $20.9 million ($0.81 per diluted share) in the second quarter of 2026 and $16.9 million ($0.65 per diluted share) in the third quarter of 2025.

Why it matters — The results show quarterly net income and diluted earnings per share declined from the prior quarter but increased from a year earlier.

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. 55 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ALRS?

As at 31 Oct 2026, Alerus Financial Corp. ranks 55 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 +5.4% from the last close, and Ticker Nerd's factor model ranks Alerus Financial Corp. 55 out of 100 as at 31 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 +61.7% over the 12 months to 30 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, 29 Oct 2026): "Alerus Financial Corporation (ALRS) Q3 2026 Earnings Call Transcript". Alerus Financial Corporation held its Q3 2026 earnings conference call on October 29, 2026. The excerpt lists company executives and analysts participating but provides no financial results or discussion details.

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