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Alerus Financial Corporation (ALRS)

Financial Services | Banks - Regional | Grand Forks, United States | NasdaqCM
25.62 USD +0.56 (2.235%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 26.00 +0.38 (1.483%) ⇧ (April 17, 2026, 7:49 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 2:57 p.m. EDT

Alerus Financial (ALRS) shows a moderate dividend yield with consistent payouts, but the payout ratio is above 1, indicating potential sustainability risks. The recent price movement has been volatile, with a recent uptick towards the 25.5 level. While the stock has a moderate buy rating from analysts, the short-term forecasting model suggests a slight positive trend. Long-term investors may consider the recent dip as a potential entry point, but the overall fundamentals and revenue growth are weak, which might limit long-term gains.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.028324
AutoTheta0.028909
AutoARIMA0.030584
AutoETS0.030585

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.54
Ljung-Box p 0.000
Jarque-Bera p 0.395
Excess Kurtosis -0.99
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-03-26
Last Dividend Date 2026-03-26
Revenue per Share 8.819
Market Cap 654,853,184
Trailing P/E 37.68
Forward P/E 9.38
Beta 0.60
Profit Margins 7.79%
Website https://www.alerus.com

As of April 11, 2026, 2:57 p.m. EDT: The options activity indicates mixed signals. For the April 17 expiration, there is a notable put position at the 22.5 strike with high open interest and volume, suggesting some bearish sentiment. However, the call activity at the 25.0 strike shows a bullish anchor. For the July 17 expiration, the put at 22.5 strike also has high open interest, while the call at 25.0 strike shows some bullish positioning. The overall volatility is low, and the options activity does not strongly indicate a clear direction, suggesting a cautious approach.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.89% 3.79% 4.11% 3.77%
Dividend History
Date Dividend Yield %
2026-03-27 0.210000 0.890963
2025-12-26 0.210000 0.973536
2025-09-26 0.210000 0.945515
2025-06-27 0.210000 0.984351
2025-03-14 0.200000 1.134755
2024-12-27 0.200000 1.091826
2024-09-13 0.200000 0.985100
2024-06-14 0.200000 1.164419
2024-03-14 0.190000 0.959409
2023-12-26 0.190000 0.913136
2023-09-14 0.190000 1.101407
2023-06-14 0.190000 1.183285
2023-03-14 0.180000 1.230635
2022-12-22 0.180000 0.884131
2022-09-29 0.180000 0.933359
2022-06-16 0.180000 0.902505
2022-03-17 0.160000 0.636173
2021-12-22 0.160000 0.648303
2021-09-16 0.160000 0.675574
2021-06-17 0.160000 0.598661
2021-03-18 0.150000 0.537625
2020-12-17 0.150000 0.646602
2020-09-17 0.150000 0.812534
2020-06-12 0.150000 0.895951
2020-03-19 0.150000 1.135611
2019-12-19 0.150000 0.797057
2019-09-19 0.140000 0.791836
2019-06-20 0.140000 0.921719
2019-03-21 0.140000 0.886389
2018-12-20 0.140000 0.901350
2018-09-20 0.130000 0.688693
2018-06-21 0.130000 0.636658
2018-03-22 0.130000 0.718264
2017-12-21 0.120000 0.758033
2017-09-21 0.120000 0.766243
2017-06-21 0.120000 0.823387
2017-03-22 0.120000 0.839626
2016-12-21 0.110000 0.887958
2016-09-21 0.110000 0.859873
2016-06-15 0.110000 0.834618
2016-03-16 0.110000 0.804793
2015-12-16 0.110000 0.788145
2015-09-16 0.110000 0.715370
2015-06-17 0.100000 0.674643
2015-03-18 0.100000 0.716716
2014-12-17 0.100000 0.693442
2014-09-18 0.100000 0.664055
2014-06-18 0.093333 0.733585
2014-03-19 0.090000 0.767737
2013-12-18 0.086667 0.714597
2013-09-18 0.086667 0.869091
2013-06-19 0.083333 0.952467
2013-03-20 0.083333 1.029360
2012-09-19 0.080000 1.124087
2012-06-20 0.076667 1.237824
2012-03-21 0.076667 1.201980
2011-12-21 0.076667 1.342536
2011-09-21 0.073333 1.421374
2011-06-15 0.073333 1.247201
2011-03-16 0.073333 1.293819
2010-12-21 0.073333 1.384184
2010-09-15 0.073333 1.382023
2010-06-16 0.073333 1.408647
2010-03-17 0.073333 1.507556
2009-12-16 0.070000 1.491617
2009-09-18 0.070000 1.457573
2009-06-17 0.070000 1.572297
2009-03-18 0.070000 1.501686
2008-12-17 0.070000 1.508963
2008-09-17 0.066667 1.046935
2008-06-18 0.060000 0.996427
2008-03-18 0.060000 0.982983
2007-12-19 0.060000 0.930291
2007-09-19 0.060000 0.928360
2007-06-20 0.058333 0.907480
2007-03-21 0.056667 0.913706
2006-12-22 0.056667 0.877724
2006-09-21 0.053333 0.849135
2006-06-21 0.053333 0.930842
2006-03-22 0.050000 0.907304
2005-12-30 0.050000 0.961277
2005-09-21 0.048333 0.920348
2005-06-15 0.048333 1.053795
2005-03-16 0.046667 1.022645
2004-12-21 0.045000 1.070907
2004-09-15 0.045000 1.316833
2004-06-16 0.043333 1.330467
2004-03-17 0.041667 1.325440
2003-12-17 0.041667 1.574794
2003-09-17 0.040000 1.533422
2003-06-18 0.038333 1.507116
Additional Data
dividendRate 0.84
dividendYield 3.28
exDividendDate 2026-03-27
trailingAnnualDividendRate 0.83
trailingAnnualDividendYield 0.03312051
lastDividendValue 0.21
lastDividendDate 2026-03-27
dividendDate 2026-04-10

Info Dump

Attribute Value
52 Week Change 0.53046596
Address1 401 Demers Avenue
All Time High 38.31
All Time Low 4.548333
Ask 25.67
Ask Size 1
Audit Risk 9
Average Daily Volume10 Day 151,620
Average Daily Volume3 Month 141,966
Average Volume 141,966
Average Volume10Days 151,620
Beta 0.602
Bid 25.56
Bid Size 1
Board Risk 4
Book Value 22.236
City Grand Forks
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 25.62
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 26.08
Day Low 25.17
Display Name Alerus Financial
Dividend Date 1,775,779,200
Dividend Rate 0.84
Dividend Yield 3.28
Earnings Call Timestamp End 1,777,564,800
Earnings Call Timestamp Start 1,777,564,800
Earnings Timestamp 1,777,492,800
Earnings Timestamp End 1,777,492,800
Earnings Timestamp Start 1,777,492,800
Ebitda Margins 0.0
Enterprise To Revenue 4.522
Enterprise Value 1,012,040,768
Eps Current Year 2.575
Eps Forward 2.7325
Eps Trailing Twelve Months 0.68
Esg Populated 0
Ex Dividend Date 1,774,569,600
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 24.465
Fifty Day Average Change 1.1550007
Fifty Day Average Change Percent 0.04721033
Fifty Two Week Change Percent 53.046597
Fifty Two Week High 26.32
Fifty Two Week High Change -0.69999886
Fifty Two Week High Change Percent -0.026595702
Fifty Two Week Low 16.61
Fifty Two Week Low Change 9.01
Fifty Two Week Low Change Percent 0.5424443
Fifty Two Week Range 16.61 - 26.32
Financial Currency USD
First Trade Date Milliseconds 1,048,170,600,000
Five Year Avg Dividend Yield 3.31
Float Shares 23,415,044
Forward Eps 2.7325
Forward P E 9.376029
Full Exchange Name NasdaqCM
Full Time Employees 821
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.0
Gross Profits 223,819,008
Has Pre Post Market Data 1
Held Percent Insiders 0.081949994
Held Percent Institutions 0.62033004
Implied Shares Outstanding 25,560,231
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,774,569,600
Last Dividend Value 0.21
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 654,853,184
Market State CLOSED
Max Age 86,400
Message Board Id finmb_2954861
Most Recent Quarter 1,767,139,200
Net Income To Common 17,401,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 654,853,118
Number Of Analyst Opinions 4
Open 25.36
Operating Cashflow 67,530,000
Operating Margins -4.81437
Overall Risk 4
Payout Ratio 1.2206
Phone 701 795 3200
Post Market Change 0.37999916
Post Market Change Percent 1.483213
Post Market Price 26.0
Post Market Time 1,776,469,793
Previous Close 25.06
Price Eps Current Year 9.949514
Price Hint 2
Price To Book 1.1521857
Price To Sales Trailing12 Months 2.9258158
Profit Margins 0.07792
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.560001
Regular Market Change Percent 2.23464
Regular Market Day High 26.08
Regular Market Day Low 25.17
Regular Market Day Range 25.17 - 26.08
Regular Market Open 25.36
Regular Market Previous Close 25.06
Regular Market Price 25.62
Regular Market Time 1,776,456,001
Regular Market Volume 167,939
Return On Assets 0.00332
Return On Equity 0.03289
Revenue Growth -0.858
Revenue Per Share 8.819
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 3
Shares Outstanding 25,560,231
Shares Percent Shares Out 0.0325
Shares Short 829,453
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 669,034
Short Name Alerus Financial Corporation
Short Percent Of Float 0.0339
Short Ratio 6.34
Source Interval 15
State ND
Symbol ALRS
Target High Price 28.0
Target Low Price 25.0
Target Mean Price 26.0
Target Median Price 25.5
Total Cash 53,683,000
Total Cash Per Share 2.113
Total Debt 414,945,984
Total Revenue 223,819,008
Tradeable 0
Trailing Annual Dividend Rate 0.83
Trailing Annual Dividend Yield 0.03312051
Trailing Eps 0.68
Trailing P E 37.67647
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 22.84195
Two Hundred Day Average Change 2.7780514
Two Hundred Day Average Change Percent 0.12162059
Type Disp Equity
Volume 167,939
Website https://www.alerus.com
Zip 58,201