| Indicators | Browse All

Alerus Financial Corporation (ALRS)

Financial Services | Banks - Regional | Grand Forks, United States | NasdaqCM
33.12 USD -0.12 (-0.361%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 33.12

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 4:49 a.m. EDT

The immediate outlook is constructive, driven by a distinct divergence between the company's improving operational reality and its lingering historical stigma. While the stock has suffered from a decade-long structural decline, the latest annual results finally broke the streak of negative growth, posting a modest but critical +4.4% gain. This turnaround is now priced in, evidenced by the sharp compression in the forward P/E to roughly 11.6x, which offers significant margin of safety compared to the trailing 30x multiple. The options market confirms this sentiment, with traders aggressively buying calls and avoiding puts, betting that the recent price action is the start of a recovery rather than a value trap. However, the long-term rating remains capped at a solid 3 because the business still carries the scars of past underperformance; while the fundamentals are no longer deteriorating, the path to becoming a 'dominant' buy-and-hold candidate requires sustained proof that these recent gains are the new normal, not a one-off correction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.083850
MSTL0.086319
AutoETS0.089716
AutoARIMA0.089716

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 12.78
Ljung-Box p 0.000
Jarque-Bera p 0.613
Excess Kurtosis -0.71
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-24
Last Dividend Date 2026-06-25
Revenue per Share 9.556
Market Cap 824,795,200
Trailing P/E 30.67
Forward P/E 11.74
Beta 0.69
Profit Margins 11.45%
Website https://www.alerus.com

As of Aug. 22, 2026, 4:49 a.m. EDT: Speculators are overwhelmingly bullish on the near term, with open interest heavily skewed toward calls (86% OTM) and virtually no put protection for August and September expirations. The massive concentration of call Open Interest at the $30 strike suggests a floor is being established there, while the lack of downside hedging indicates traders are positioning for a continuation of the recent uptrend rather than a reversal.


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 2.56
exDividendDate 2026-09-25
trailingAnnualDividendRate 0.85
trailingAnnualDividendYield 0.0255716
lastDividendValue 0.22
lastDividendDate 2026-06-26
dividendDate 2026-07-10

Info Dump

Attribute Value
52 Week Change 0.46754968
Address1 401 Demers Avenue
All Time High 38.31
All Time Low 4.548333
Ask 42.98
Ask Size 2
Audit Risk 9
Average Daily Volume10 Day 133,490
Average Daily Volume3 Month 226,490
Average Volume 226,490
Average Volume10Days 133,490
Beta 0.687
Bid 33.16
Bid Size 1
Board Risk 3
Book Value 23.339
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 33.12
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 33.93
Day Low 33.075
Display Name Alerus Financial
Dividend Date 1,783,641,600
Dividend Rate 0.85
Dividend Yield 2.56
Earnings Call Timestamp End 1,785,427,200
Earnings Call Timestamp Start 1,785,427,200
Earnings Growth 0.038
Earnings Quarterly Growth 0.03
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda Margins 0.0
Enterprise To Revenue 4.799
Enterprise Value 1,160,965,248
Eps Current Year 3.016
Eps Forward 2.82
Eps Trailing Twelve Months 1.08
Esg Populated 0
Ex Dividend Date 1,790,294,400
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.231
Fifty Day Average Change 0.88899994
Fifty Day Average Change Percent 0.02758214
Fifty Two Week Change Percent 46.754967
Fifty Two Week High 34.4
Fifty Two Week High Change -1.2800026
Fifty Two Week High Change Percent -0.037209377
Fifty Two Week Low 20.31
Fifty Two Week Low Change 12.809999
Fifty Two Week Low Change Percent 0.6307238
Fifty Two Week Range 20.31 - 34.4
Financial Currency USD
First Trade Date Milliseconds 1,048,170,600,000
Five Year Avg Dividend Yield 3.36
Float Shares 22,889,562
Forward Eps 2.82
Forward P E 11.74468
Full Exchange Name NasdaqCM
Full Time Employees 821
Fullday Change -0.120003
Fullday Change Percent -0.361019
Fullday Price 33.12
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits 241,900,992
Has Pre Post Market Data 1
Held Percent Insiders 0.08467
Held Percent Institutions 0.6706
Implied Shares Outstanding 24,903,238
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 1
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 824,795,200
Market State CLOSED
Max Age 86,400
Message Board Id finmb_2954861
Most Recent Quarter 1,782,777,600
Net Income To Common 27,568,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 827,783,631
Number Of Analyst Opinions 5
Open 33.55
Operating Cashflow 95,538,000
Operating Margins 0.36492002
Overall Risk 3
Payout Ratio 0.78699994
Phone 701 795 3200
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 33.12
Post Market Time 1,787,959,805
Previous Close 33.24
Price Eps Current Year 10.981432
Price Hint 2
Price To Book 1.4190838
Price To Sales Trailing12 Months 3.4096396
Profit Margins 0.11454
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.120003
Regular Market Change Percent -0.361019
Regular Market Day High 33.93
Regular Market Day Low 33.075
Regular Market Day Range 33.075 - 33.93
Regular Market Open 33.55
Regular Market Previous Close 33.24
Regular Market Price 33.12
Regular Market Time 1,787,947,201
Regular Market Volume 125,396
Return On Assets 0.00522
Return On Equity 0.049640004
Revenue Growth 0.072
Revenue Per Share 9.556
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 24,903,238
Shares Percent Shares Out 0.0499
Shares Short 1,242,448
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,225,141
Short Name Alerus Financial Corporation
Short Percent Of Float 0.052199997
Short Ratio 5.67
Source Interval 15
State ND
Symbol ALRS
Target High Price 37.0
Target Low Price 32.0
Target Mean Price 35.4
Target Median Price 36.0
Total Cash 117,975,000
Total Cash Per Share 4.737
Total Debt 454,144,992
Total Revenue 241,900,992
Tradeable 0
Trailing Annual Dividend Rate 0.85
Trailing Annual Dividend Yield 0.0255716
Trailing Eps 1.08
Trailing P E 30.666664
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 26.58475
Two Hundred Day Average Change 6.5352497
Two Hundred Day Average Change Percent 0.24582702
Type Disp Equity
Volume 125,396
Website https://www.alerus.com
Zip 58,201