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Alerus Financial Corporation (ALRS)

Financial Services | Banks - Regional | Grand Forks, United States | NasdaqCM
31.24 USD -0.02 (-0.064%) ⇩ (July 14, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:21 a.m. EDT

The upgrade to 'Moderate Buy' by Raymond James coincides with a powerful earnings surprise where EPS surged past estimates by 48%, validating the company's profitability improvements. Fundamentally, the picture is compelling: revenue is growing at +18.7% while earnings grew +71.2%, and the forward P/E of 11.3x suggests the market is pricing in significant future expansion despite the current 29.8x trailing multiple. The balance sheet is healthy with a 40% operating margin and a payout ratio of 80% that leaves ample room for growth without jeopardizing dividends. Technically, the stock is in a strong uptrend, trading well above its 50-day and 200-day averages, which aligns with the recent news of hitting fresh highs. The short-term outlook is bullish, driven by this momentum and the catalyst of the earnings beat, though the statistical forecasting model offers only a weak lean upward, highlighting that the price action is currently driven by sentiment and fundamentals rather than predictable noise patterns. While the long-term trajectory over the last nine years shows a net gain, the recent acceleration in growth metrics transforms this from a stagnant recovery into a potential compounder. The dividend yield of 2.75% is stable and sustainable, serving as a nice floor for income investors, but the primary thesis here is capital appreciation fueled by the turnaround in profitability.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_105 ✓0.080566
MSTL_48_1050.101255
MSTL0.114105
AutoARIMA0.114640
AutoETS0.114932
AutoTheta0.118212
MSTL_480.142796

Forecast horizon: 60 days | Selected: MSTL_105

Forecast Reliability
Score 41%
H-stat 58.67
Ljung-Box p 0.000
Jarque-Bera p 0.060
Excess Kurtosis -1.49
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-25
Last Dividend Date 2026-06-25
Revenue per Share 9.318
Market Cap 785,018,880
Trailing P/E 29.75
Forward P/E 11.30
Beta 0.70
Profit Margins 11.46%
Website https://www.alerus.com

As of July 11, 2026, 5:21 a.m. EDT: Speculators are positioning for a modest upside move in the near term, evidenced by heavy call volume at the $30 strike and significant open interest in $35 calls for the July expiration. Conversely, the October and January expirations show concentrated put open interest at lower strikes ($25-$30), suggesting a floor or hedging strategy rather than a bearish bet on a crash. Implied volatility is elevated for near-term puts relative to calls, indicating some fear of a dip, but the volume skew remains bullish.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.71% 3.50% 3.78% 3.51%
Dividend History
Date Dividend Yield %
2026-06-26 0.220000 0.713822
2026-03-27 0.210000 0.890963
2025-12-26 0.210000 0.965074
2025-09-26 0.210000 0.928382
2025-06-27 0.210000 0.957592
2025-03-14 0.200000 1.093494
2024-12-27 0.200000 1.040583
2024-09-13 0.200000 0.929368
2024-06-14 0.200000 1.088139
2024-03-14 0.190000 0.887021
2023-12-26 0.190000 0.837004
2023-09-14 0.190000 1.001054
2023-06-14 0.190000 1.064426
2023-03-14 0.180000 1.095557
2022-12-22 0.180000 0.778547
2022-09-29 0.180000 0.815587
2022-06-16 0.180000 0.782269
2022-03-17 0.160000 0.547196
2021-12-22 0.160000 0.554593
2021-09-16 0.160000 0.574713
2021-06-17 0.160000 0.506329
2021-03-18 0.150000 0.452489
2020-12-17 0.150000 0.541712
2020-09-17 0.150000 0.676895
2020-06-12 0.150000 0.741473
2020-03-19 0.150000 0.932836
2019-12-19 0.150000 0.648789
2019-09-19 0.140000 0.640439
2019-06-20 0.140000 0.740741
2019-03-21 0.140000 0.707071
2018-12-20 0.140000 0.713921
2018-09-20 0.130000 0.541667
2018-06-21 0.130000 0.498084
2018-03-22 0.130000 0.559140
2017-12-21 0.120000 0.586797
2017-09-21 0.120000 0.589681
2017-06-21 0.120000 0.629921
2017-03-22 0.120000 0.638298
2016-12-21 0.110000 0.670732
2016-09-21 0.110000 0.645161
2016-06-15 0.110000 0.622172
2016-03-16 0.110000 0.596206
2015-12-16 0.110000 0.580475
2015-09-16 0.110000 0.523810
2015-06-17 0.100000 0.491400
2015-03-18 0.100000 0.519481
2014-12-17 0.100000 0.500000
2014-09-18 0.100000 0.476417
2014-06-18 0.093333 0.523852
2014-03-19 0.090000 0.545344
2013-12-18 0.086667 0.504856
2013-09-18 0.086667 0.610905
2013-06-19 0.083333 0.665422
2013-03-20 0.083333 0.714283
2012-09-19 0.080000 0.774194
2012-06-20 0.076667 0.845592
2012-03-21 0.076667 0.814163
2011-12-21 0.076667 0.901965
2011-09-21 0.073333 0.946232
2011-06-15 0.073333 0.822426
2011-03-16 0.073333 0.846150
2010-12-21 0.073333 0.897589
2010-09-15 0.073333 0.888885
2010-06-16 0.073333 0.897955
2010-03-17 0.073333 0.952377
2009-12-16 0.070000 0.933333
2009-09-18 0.070000 0.903226
2009-06-17 0.070000 0.965517
2009-03-18 0.070000 0.913043
2008-12-17 0.070000 0.909091
2008-09-17 0.066667 0.625003
2008-06-18 0.060000 0.591133
2008-03-18 0.060000 0.579710
2007-12-19 0.060000 0.545455
2007-09-19 0.060000 0.541353
2007-06-20 0.058333 0.526313
2007-03-21 0.056667 0.527135
2006-12-22 0.056667 0.503707
2006-09-21 0.053333 0.484845
2006-06-21 0.053333 0.528922
2006-03-22 0.050000 0.512821
2005-12-30 0.050000 0.540541
2005-09-21 0.048333 0.514728
2005-06-15 0.048333 0.586328
2005-03-16 0.046667 0.565661
2004-12-21 0.045000 0.589005
2004-09-15 0.045000 0.720000
2004-06-16 0.043333 0.722217
2004-03-17 0.041667 0.714291
2003-12-17 0.041667 0.842609
2003-09-17 0.040000 0.813559
2003-06-18 0.038333 0.793097
Additional Data
dividendRate 0.85
dividendYield 2.72
exDividendDate 2026-06-26
trailingAnnualDividendRate 0.84
trailingAnnualDividendYield 0.0268714
lastDividendValue 0.22
lastDividendDate 2026-06-26
dividendDate 2026-07-10

Info Dump

Attribute Value
52 Week Change 0.43263066
Address1 401 Demers Avenue
All Time High 38.31
All Time Low 4.548333
Ask 40.25
Ask Size 2
Audit Risk 9
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 233,190
Average Daily Volume3 Month 209,734
Average Volume 209,734
Average Volume10Days 233,190
Beta 0.697
Bid 22.43
Bid Size 2
Board Risk 3
Book Value 22.792
City Grand Forks
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 31.24
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 31.578
Day Low 31.115
Display Name Alerus Financial
Dividend Date 1,783,641,600
Dividend Rate 0.85
Dividend Yield 2.72
Earnings Call Timestamp End 1,785,441,600
Earnings Call Timestamp Start 1,785,441,600
Earnings Growth 0.712
Earnings Quarterly Growth 0.725
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,785,355,200
Earnings Timestamp Start 1,785,355,200
Ebitda Margins 0.0
Enterprise To Revenue 4.04
Enterprise Value 955,671,872
Eps Current Year 3.035
Eps Forward 2.765
Eps Trailing Twelve Months 1.05
Esg Populated 0
Ex Dividend Date 1,782,432,000
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 28.9924
Fifty Day Average Change 2.2476006
Fifty Day Average Change Percent 0.07752378
Fifty Two Week Change Percent 43.263065
Fifty Two Week High 31.86
Fifty Two Week High Change -0.62000084
Fifty Two Week High Change Percent -0.019460164
Fifty Two Week Low 20.26
Fifty Two Week Low Change 10.98
Fifty Two Week Low Change Percent 0.5419546
Fifty Two Week Range 20.26 - 31.86
Financial Currency USD
First Trade Date Milliseconds 1,048,170,600,000
Five Year Avg Dividend Yield 3.35
Float Shares 23,115,088
Forward Eps 2.765
Forward P E 11.298372
Full Exchange Name NasdaqCM
Full Time Employees 821
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits 236,535,008
Has Pre Post Market Data 1
Held Percent Insiders 0.083909996
Held Percent Institutions 0.65449
Implied Shares Outstanding 25,128,646
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,432,000
Last Dividend Value 0.22
Last Fiscal Year End 1,767,139,200
Last Split Date 1,410,739,200
Last Split Factor 3:1
Long Business Summary Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that provides various financial services to businesses and consumers in the United States. The company operates in three segments: Banking, Retirement and Benefit Services, and Wealth. It offers demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, noninterest-bearing deposits, interest-bearing checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault, merchant, and other cash management services. The company also provides commercial loans, business term loans, and lines of credit; commercial real estate, and commercial and industrial loans; consumer lending products, including residential first mortgage loans; and installment loans, and loans collateralized by cash and marketable securities. In addition, it offers retirement plan, and investment advisory services, employee stock ownership plan, investment fiduciary services, health savings accounts, flex spending accounts, COBRA recordkeeping, and other administration services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit cards, personal and business loans, credit cards, online and mobile banking/wallet, private banking, deposit and payment solutions, mortgages, administration, and government health insurance program services. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.
Long Name Alerus Financial Corporation
Market us_market
Market Cap 785,018,880
Market State PRE
Max Age 86,400
Message Board Id finmb_2954861
Most Recent Quarter 1,774,915,200
Net Income To Common 26,950,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 785,521,473
Number Of Analyst Opinions 5
Open 31.41
Operating Cashflow 87,628,000
Operating Margins 0.39959
Overall Risk 3
Payout Ratio 0.8
Phone 701 795 3200
Previous Close 31.26
Price Eps Current Year 10.293245
Price Hint 2
Price To Book 1.3706564
Price To Sales Trailing12 Months 3.3188274
Profit Margins 0.11455
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.8
Region US
Regular Market Change -0.020000458
Regular Market Change Percent -0.06398099
Regular Market Day High 31.578
Regular Market Day Low 31.115
Regular Market Day Range 31.115 - 31.578
Regular Market Open 31.41
Regular Market Previous Close 31.26
Regular Market Price 31.24
Regular Market Time 1,784,059,201
Regular Market Volume 182,759
Return On Assets 0.0050999997
Return On Equity 0.04976
Revenue Growth 0.187
Revenue Per Share 9.318
Sand P52 Week Change 0.20365608
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 25,128,646
Shares Percent Shares Out 0.044699997
Shares Short 1,122,263
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 759,036
Short Name Alerus Financial Corporation
Short Percent Of Float 0.0467
Short Ratio 3.97
Source Interval 15
State ND
Symbol ALRS
Target High Price 34.0
Target Low Price 28.0
Target Mean Price 31.0
Target Median Price 32.0
Total Cash 139,640,000
Total Cash Per Share 5.557
Total Debt 310,292,992
Total Revenue 236,535,008
Tradeable 0
Trailing Annual Dividend Rate 0.84
Trailing Annual Dividend Yield 0.0268714
Trailing Eps 1.05
Trailing P E 29.752382
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 24.6973
Two Hundred Day Average Change 6.5427
Two Hundred Day Average Change Percent 0.2649156
Type Disp Equity
Volume 182,759
Website https://www.alerus.com
Zip 58,201