Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Alerus Financial Corporation stock

Learn how to easily invest in Alerus Financial Corporation stock.

Alerus Financial Corporation is a banks-regional business based in the US. Alerus Financial Corporation shares (ALRS) are listed on the NASDAQ and all prices are listed in US Dollars. Alerus Financial Corporation employs 825 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Alerus Financial Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ALRS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Alerus Financial Corporation stock price (NASDAQ: ALRS)

Use our graph to track the performance of ALRS stocks over time.

Alerus Financial Corporation shares at a glance

Information last updated 2022-01-19.
Latest market close$28.88
52-week range$23.56 - $38.10
50-day moving average $31.06
200-day moving average $30.40
Wall St. target price$32.50
PE ratio 10.169
Dividend yield $0.62 (2.22%)
Earnings per share (TTM) $2.84

Buy Alerus Financial Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in most equities.
TradeStation
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$0 per month
$10 of crypto
Open an account with access to crypto
A platform built for all kinds of traders and all styles of trading
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Stash Invest
Stocks, ETFs
$0
$1 per month
$5
Add at least $5 to your Invest account
Stash is more than an investment app. You’ll have access to tools that can help you become a confident investor.
Public
Stocks, ETFs, Cryptocurrency
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $300, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
Moomoo
Stocks, Options, ETFs
$0
$0 per year
Get a free stock valued up to $3500
Open your Futu brokerage account via Moomoo
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Alerus Financial Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Alerus Financial Corporation price performance over time

Historical closes compared with the close of $28.88 from 2022-01-18

1 week (2022-01-12) -1.33%
1 month (2021-12-17) 3.25%
3 months (2021-10-19) -3.38%
6 months (2021-07-19) 2.92%
1 year (2021-01-19) 0.73%
2 years (2020-01-17) 33.03%
3 years (2019-01-18) 49.02%
5 years (2017-01-19) 65.98%

Is Alerus Financial Corporation stock undervalued or overvalued?

Valuing Alerus Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alerus Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Alerus Financial Corporation's P/E ratio

Alerus Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Alerus Financial Corporation shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Alerus Financial Corporation financials

Revenue TTM $240.4 million
Operating margin TTM 29.11%
Gross profit TTM $222.3 million
Return on assets TTM 1.65%
Return on equity TTM 14.86%
Profit margin 20.86%
Book value $20.53
Market capitalisation $497 million

TTM: trailing 12 months

Alerus Financial Corporation share dividends

22%

Dividend payout ratio: 22.26% of net profits

Recently Alerus Financial Corporation has paid out, on average, around 22.26% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.22% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alerus Financial Corporation shareholders could enjoy a 2.22% return on their shares, in the form of dividend payments. In Alerus Financial Corporation's case, that would currently equate to about $0.62 per share.

While Alerus Financial Corporation's payout ratio might seem low, this can signify that Alerus Financial Corporation is investing more in its future growth.

Alerus Financial Corporation's most recent dividend payout was on 13 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 21 December 2021 (the "ex-dividend date").

Have Alerus Financial Corporation's shares ever split?

Alerus Financial Corporation's shares were split on a 3:1 basis on 14 September 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Alerus Financial Corporation shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Alerus Financial Corporation shares which in turn could have impacted Alerus Financial Corporation's share price.

Alerus Financial Corporation share price volatility

Over the last 12 months, Alerus Financial Corporation's shares have ranged in value from as little as $23.563 up to $38.0952. A popular way to gauge a stock's volatility is its "beta".

ALRS.US volatility(beta: 0.75)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Alerus Financial Corporation's is 0.7491. This would suggest that Alerus Financial Corporation's shares are less volatile than average (for this exchange).

Alerus Financial Corporation overview

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, checking accounts, interest-bearing transaction accounts, money market accounts, time and savings deposits, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit 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 and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states through offices located in Michigan, Minnesota, and Colorado.

Frequently asked questions

What percentage of Alerus Financial Corporation is owned by insiders or institutions?
Currently 13.111% of Alerus Financial Corporation shares are held by insiders and 37.829% by institutions.
How many people work for Alerus Financial Corporation?
Latest data suggests 825 work at Alerus Financial Corporation.
When does the fiscal year end for Alerus Financial Corporation?
Alerus Financial Corporation's fiscal year ends in December.
Where is Alerus Financial Corporation based?
Alerus Financial Corporation's address is: 401 Demers Avenue, Grand Forks, ND, United States, 58201
What is Alerus Financial Corporation's ISIN number?
Alerus Financial Corporation's international securities identification number is: US01446U1034
What is Alerus Financial Corporation's CUSIP number?
Alerus Financial Corporation's Committee on Uniform Securities Identification Procedures number is: 011637105

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site