Alerus Finl
(NASDAQ:ALRS)
$20.54
-0.46[-2.19%]
At close: Apr 25
$20.54
0[0.00%]
After Hours: 4:20PM EDT
Q1 2024 Earnings were released on Wed Apr 24th, after the market close
Today's conference call ended over 11 hours ago Click to view the webcast
Consensus Rating1
Neutral
Highest Price Target1
$24.00
Lowest Price Target1
$17.00
Consensus Price Target1
$21.33

Alerus Finl Stock (NASDAQ:ALRS), Analyst Ratings, Price Targets, Predictions

Alerus Financial Corp has a consensus price target of $21.33, established from looking at the 13 latest analyst ratings. The last 3 analyst ratings were released from DA Davidson, Piper Sandler, and Piper Sandler on January 30, 2024, December 20, 2023, and October 30, 2023. With an average price target of $22 between DA Davidson, Piper Sandler, and Piper Sandler, there's an implied 7.11% upside for Alerus Financial Corp from these 3 analyst ratings.

Analyst Trend
1
Oct 23
1
Dec 23
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.0
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
Piper Sandler
Keefe, Bruyette & Woods

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Alerus Finl

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
01/30/2024ALRSBuy Now
Alerus Finl
$20.5416.85%DA Davidson
Jeffrey Rulis
$23 → $24MaintainsNeutralGet Alert
12/20/2023ALRSBuy Now
Alerus Finl
$20.5411.98%Piper Sandler
Nathan Race
$20 → $23MaintainsNeutralGet Alert
10/30/2023ALRSBuy Now
Alerus Finl
$20.54-7.5%Piper Sandler
Nathan Race
$20 → $19MaintainsNeutralGet Alert
07/31/2023ALRSBuy Now
Alerus Finl
$20.542.24%DA Davidson
Jeffrey Rulis
$20 → $21MaintainsNeutralGet Alert
07/31/2023ALRSBuy Now
Alerus Finl
$20.544.67%Piper Sandler
Nathan Race
$20 → $21.5MaintainsNeutralGet Alert
05/01/2023ALRSBuy Now
Alerus Finl
$20.54-22.1%Piper Sandler
Nathan Race
$18 → $16MaintainsNeutralGet Alert
05/01/2023ALRSBuy Now
Alerus Finl
$20.54-17.23%Keefe, Bruyette & Woods
Damon Delmonte
$18 → $17MaintainsMarket PerformGet Alert
04/27/2023ALRSBuy Now
Alerus Finl
$20.54-12.37%Piper Sandler
Nathan Race
$18 → $18MaintainsNeutralGet Alert
03/15/2023ALRSBuy Now
Alerus Finl
$20.54-12.37%Piper Sandler
Nathan Race
$22 → $18MaintainsNeutralGet Alert
10/31/2022ALRSBuy Now
Alerus Finl
$20.5421.71%Piper Sandler
Nathan Race
$24 → $25MaintainsNeutralGet Alert
08/01/2022ALRSBuy Now
Alerus Finl
$20.5436.32%Piper Sandler
Nathan Race
$27 → $28MaintainsNeutralGet Alert
04/29/2022ALRSBuy Now
Alerus Finl
$20.5438.75%Piper Sandler
Nathan Race
$32 → $28.5MaintainsNeutralGet Alert
07/30/2021ALRSBuy Now
Alerus Finl
$20.5450.93%Piper Sandler
Nathan Race
$33 → $31MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Alerus Finl (ALRS)?

A

The latest price target for Alerus Finl (NASDAQ: ALRS) was reported by DA Davidson on January 30, 2024. The analyst firm set a price target for $24.00 expecting ALRS to rise to within 12 months (a possible 16.85% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Alerus Finl (ALRS)?

A

The latest analyst rating for Alerus Finl (NASDAQ: ALRS) was provided by DA Davidson, and Alerus Finl maintained their neutral rating.

Q

When was the last upgrade for Alerus Finl (ALRS)?

A

There is no last upgrade for Alerus Finl.

Q

When was the last downgrade for Alerus Finl (ALRS)?

A

There is no last downgrade for Alerus Finl.

Q

When is the next analyst rating going to be posted or updated for Alerus Finl (ALRS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alerus Finl, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Alerus Finl was filed on January 30, 2024 so you should expect the next rating to be made available sometime around January 30, 2025.

Q

Is the Analyst Rating Alerus Finl (ALRS) correct?

A

While ratings are subjective and will change, the latest Alerus Finl (ALRS) rating was a maintained with a price target of $23.00 to $24.00. The current price Alerus Finl (ALRS) is trading at is $20.54, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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