Alerus Financial (ALRS) Projected to Release Earnings on Wednesday

Alerus Financial (NASDAQ:ALRS) will likely be announcing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Alerus Financial to post earnings of $0.76 per share and revenue of $76.9870 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 12:00 PM ET.

Alerus Financial (NASDAQ:ALRS) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.31. Alerus Financial had a return on equity of 14.39% and a net margin of 6.74%.The business had revenue of $75.78 million during the quarter, compared to the consensus estimate of $73.78 million. On average, analysts expect Alerus Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Alerus Financial Stock Performance

ALRS opened at $32.70 on Monday. The stock has a market capitalization of $821.75 million, a price-to-earnings ratio of 31.75 and a beta of 0.68. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. Alerus Financial has a twelve month low of $20.26 and a twelve month high of $32.80. The company has a 50-day simple moving average of $30.11 and a 200 day simple moving average of $26.64.

Alerus Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.88 annualized dividend and a yield of 2.7%. This is an increase from Alerus Financial’s previous quarterly dividend of $0.21. Alerus Financial’s payout ratio is 85.44%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Raymond James Financial assumed coverage on shares of Alerus Financial in a report on Thursday, July 9th. They set an “outperform” rating and a $34.00 price target for the company. Weiss Ratings upgraded shares of Alerus Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. DA Davidson lifted their price objective on shares of Alerus Financial from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Alerus Financial from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Finally, Piper Sandler upped their target price on Alerus Financial from $28.50 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.50.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ALRS. NewEdge Advisors LLC lifted its holdings in shares of Alerus Financial by 90.1% in the second quarter. NewEdge Advisors LLC now owns 1,544 shares of the company’s stock worth $33,000 after acquiring an additional 732 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of Alerus Financial by 25.7% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,222 shares of the company’s stock valued at $50,000 after purchasing an additional 455 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Alerus Financial during the 3rd quarter valued at approximately $52,000. Tower Research Capital LLC TRC grew its holdings in shares of Alerus Financial by 172.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,371 shares of the company’s stock valued at $73,000 after purchasing an additional 2,135 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its position in Alerus Financial by 648.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,242 shares of the company’s stock worth $94,000 after purchasing an additional 3,675 shares in the last quarter. Institutional investors and hedge funds own 51.25% of the company’s stock.

About Alerus Financial

Alerus Financial Corporation (NASDAQ: ALRS) is a diversified financial services company headquartered in Grand Forks, North Dakota. The firm provides a full range of commercial and consumer banking products, including deposit accounts, lending solutions and treasury management services for individuals, small businesses and larger corporate clients. Through its community banking network, Alerus emphasizes local decision-making and personalized service to meet the needs of its varied client base.

In addition to traditional banking offerings, Alerus operates a national mortgage origination and servicing platform that delivers home purchase and refinance loans.