Keefe Bruyette initiated coverage on Alerus Financial with a new price target
$ALRS
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Keefe Bruyette initiated coverage of Alerus Financial with a rating of Mkt Perform and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2025 | $22.00 | Outperform | Raymond James |
| 9/17/2024 | $24.00 | Mkt Perform → Outperform | Raymond James |
| 5/16/2024 | $21.00 → $23.00 | Market Perform → Outperform | Hovde Group |
| 4/12/2023 | $18.00 | Mkt Perform | Keefe Bruyette |
| 1/27/2023 | Mkt Perform | Raymond James | |
| 1/26/2023 | $21.00 | Outperform → Market Perform | Hovde Group |
| 7/29/2022 | $27.00 → $28.00 | Market Perform → Outperform | Hovde Group |
| 5/18/2022 | $29.00 | Market Perform | Hovde Group |
Raymond James resumed coverage of Alerus Financial with a rating of Outperform and set a new price target of $22.00
Raymond James upgraded Alerus Financial from Mkt Perform to Outperform and set a new price target of $24.00
Hovde Group upgraded Alerus Financial from Market Perform to Outperform and set a new price target of $23.00 from $21.00 previously
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
4 - ALERUS FINANCIAL CORP (0000903419) (Issuer)
Alerus Financial Corporation (NASDAQ:ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.21 per common share on May 21, 2025, a 5.00% increase over the dividend paid a year ago. The dividend is payable on July 11, 2025, to stockholders of record as of close of business on June 27, 2025. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus' investor relations website at investors.alerus.com. About Alerus Financial Corporation Alerus Financial Corporation (NASDAQ:ALRS) is a commercial wealth bank and national retirement services
Alerus Financial Corporation (NASDAQ:ALRS), or the Company, reported net income of $13.3 million for the first quarter of 2025, or $0.52 per diluted common share, compared to a net loss of ($0.1) million, or $0.00 per diluted common share, for the fourth quarter of 2024, and net income of $6.4 million, or $0.32 per diluted common share, for the first quarter of 2024. CEO Comments President and Chief Executive Officer Katie Lorenson said, "This quarter marked a strong start to the year, reflecting our team's commitment to disciplined execution and strategic integration efforts following our merger with Home Federal. We achieved notable improvements across key financial metrics, with balanc
Alerus Financial Corporation (NASDAQ:ALRS) announced that it will issue its first quarter financial results on Monday, April 28, 2025. Alerus Financial Corporation will also host a conference call at 11:00 a.m. Central Time on Tuesday, April 29, 2025, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call Information Date: Tuesday, April 29, 2025 Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central Time Register: https://www.netroadshow.com/events/login?show=c8f384c2&confId=80283 Telephone Access: 1-833-470-1428 Access Code: 031147 A recordin
8-K - ALERUS FINANCIAL CORP (0000903419) (Filer)
8-K - ALERUS FINANCIAL CORP (0000903419) (Filer)
10-Q - ALERUS FINANCIAL CORP (0000903419) (Filer)