Alerus Financial Corp Stock Today

ALRS Stock  USD 21.72  0.60  2.84%   

Performance

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Odds Of Distress

Less than 9

 
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Alerus Financial is selling for under 21.72 as of the 28th of March 2024; that is 2.84% increase since the beginning of the trading day. The stock's lowest day price was 21.03. Alerus Financial has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Alerus Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
2nd of January 2001
Classification
Financials
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota. The company has 19.74 M outstanding shares of which 424.06 K shares are presently shorted by private and institutional investors with about 8.37 trading days to cover. More on Alerus Financial Corp

Alerus Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alerus Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alerus Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentKatie Lorenson
Business ConcentrationDiversified Financial Services, Financial Services, RTSI Index, NASDAQ Composite, MOEX Broad Market, MOEX Russia, Financials, Financial Services, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Alerus Financial report their recommendations after researching Alerus Financial's financial statements, talking to executives and customers, or listening in on Alerus Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alerus Financial Corp. The Alerus consensus assessment is calculated by taking the average forecast from all of the analysts covering Alerus Financial.
Financial Strength
Based on the analysis of Alerus Financial's profitability, liquidity, and operating efficiency, Alerus Financial Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Alerus Financial Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00280.003
Notably Down
Pretty Stable
Asset Turnover0.08470.0625
Significantly Up
Slightly volatile
Gross Profit Margin0.80.9
Fairly Down
Slightly volatile
Total Current Liabilities3.1 B2.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total653.3 M622.2 M
Sufficiently Up
Slightly volatile
Total Assets2.1 B3.9 B
Way Down
Slightly volatile
Total Current Assets183.3 M193 M
Notably Down
Pretty Stable
Alerus Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alerus Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alerus Financial's financial leverage. It provides some insight into what part of Alerus Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Alerus Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Alerus Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Alerus Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 378.88 M in liabilities with Debt to Equity (D/E) ratio of 11.87, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Alerus Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Alerus Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alerus Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alerus to invest in growth at high rates of return. When we think about Alerus Financial's use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

(6.31 Million)
Alerus Financial Corp (ALRS) is traded on NASDAQ Exchange in USA. It is located in 401 Demers Avenue, Grand Forks, ND, United States, 58201 and employs 709 people. Alerus Financial is listed under Diversified Financial Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 428.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alerus Financial's market, we take the total number of its shares issued and multiply it by Alerus Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alerus Financial Corp conducts business under Financial Services sector and is part of Financials industry. The entity has 19.74 M outstanding shares of which 424.06 K shares are presently shorted by private and institutional investors with about 8.37 trading days to cover. Alerus Financial Corp currently holds about 68.29 M in cash with 23.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.42.
Check Alerus Financial Probability Of Bankruptcy
Ownership Allocation
Alerus Financial holds a total of 19.74 Million outstanding shares. 30% of Alerus Financial Corp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alerus Ownership Details

Alerus Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Alerus Financial jumping above the current price in 90 days from now is about 56.16%. The Alerus Financial Corp probability density function shows the probability of Alerus Financial stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Alerus Financial Corp has a beta of -0.5236. This suggests as returns on benchmark increase, returns on holding Alerus Financial are expected to decrease at a much lower rate. During the bear market, however, Alerus Financial Corp is likely to outperform the market. Additionally, alerus Financial Corp has an alpha of 0.0479, implying that it can generate a 0.0479 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 21.72HorizonTargetOdds Above 21.72
43.50%90 days
 21.72 
56.16%
Based on a normal probability distribution, the odds of Alerus Financial to move above the current price in 90 days from now is about 56.16 (This Alerus Financial Corp probability density function shows the probability of Alerus Stock to fall within a particular range of prices over 90 days) .

Alerus Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Alerus Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alerus Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alerus Financial's value.
InstituionRecorded OnShares
Cutler Capital Management2023-12-31
157.5 K
Charles Schwab Investment Management Inc2023-12-31
138.2 K
American Century Companies Inc2023-12-31
137.5 K
Mairs & Power Inc2023-12-31
124.3 K
Bank Of New York Mellon Corp2023-12-31
123.1 K
Bridgeway Capital Management, Llc2023-12-31
109.1 K
Goldman Sachs Group Inc2023-12-31
103 K
Morgan Stanley - Brokerage Accounts2023-12-31
90.9 K
Boothbay Fund Management, Llc2023-12-31
75 K
Alerus Financial Na2023-12-31
2.3 M
Blackrock Inc2023-12-31
1.5 M
View Alerus Financial Diagnostics

Alerus Financial Historical Income Statement

Alerus Financial Corp Income Statement is one of the three primary financial statements used for reporting Alerus's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alerus Financial Corp revenue and expense. Alerus Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alerus Financial's Interest Expense is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 31.2 M in 2024, whereas Total Revenue is likely to drop slightly above 157.9 M in 2024. View More Fundamentals

Alerus Stock Against Markets

Picking the right benchmark for Alerus Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alerus Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alerus Financial is critical whether you are bullish or bearish towards Alerus Financial Corp at a given time. Please also check how Alerus Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alerus Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alerus Financial Corporate Directors

Alerus Financial corporate directors refer to members of an Alerus Financial board of directors. The board of directors generally takes responsibility for the Alerus Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alerus Financial's board members must vote for the resolution. The Alerus Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kari KoobDirector OfficerProfile
Vasily LukinDirectorProfile
Ravil SanatulovMember of the Management Board, Director of Aikhal Mining & Processing DivisionProfile
Valentina LemeshevaDirectorProfile

How to buy Alerus Stock?

Before investing in Alerus Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alerus Financial. To buy Alerus Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alerus Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Alerus Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Alerus Financial Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Alerus Financial Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alerus Financial Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alerus Stock please use our How to Invest in Alerus Financial guide.

Already Invested in Alerus Financial Corp?

The danger of trading Alerus Financial Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alerus Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alerus Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alerus Financial Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alerus Financial Corp is a strong investment it is important to analyze Alerus Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alerus Financial's future performance. For an informed investment choice regarding Alerus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alerus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Alerus Financial's price analysis, check to measure Alerus Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.
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Is Alerus Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alerus Financial. If investors know Alerus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alerus Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.75
Earnings Share
0.58
Revenue Per Share
8.333
Quarterly Revenue Growth
(0.60)
The market value of Alerus Financial Corp is measured differently than its book value, which is the value of Alerus that is recorded on the company's balance sheet. Investors also form their own opinion of Alerus Financial's value that differs from its market value or its book value, called intrinsic value, which is Alerus Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alerus Financial's market value can be influenced by many factors that don't directly affect Alerus Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alerus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alerus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alerus Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.