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Smart Investors Daily
AL

NYSE · ALRS

Alerus Financial Corporation

Financial Services · Banks - Regional

$31.77

Down-$0.43 (-1.34%)

Updated Sep 24, 2026, 3:05 AM

SID Score

6.1/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
605.47M
P/E ratio
34.72
Dividend yield
3.24%
52-week range
$22.98 – $34.40
Volume
131.68K
Avg. volume
124.84K

Price performance

ALRS price history

1M range · 20 trading sessions · Daily adjusted prices

ALRS closed at $32.20 after 20 trading sessions, down 2.63% for the selected period.

Last close
$32.20
Period change
-2.63%
Period low
$32.20
Period high
$33.79
Daily close
View OHLC price history
ALRS OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 22, 2026$32.66$32.9925$31.8893$32.20152.8K
Sep 21, 2026$32.79$33.035$32.40$32.44126.47K
Sep 18, 2026$32.53$32.89$32.16$32.75508.3K
Sep 17, 2026$33.30$33.30$32.5601$32.78166.35K
Sep 16, 2026$33.31$33.41$32.49$33.04144.82K
Sep 15, 2026$33.21$33.39$32.85$33.37165.61K
Sep 14, 2026$33.16$33.595$33.04$33.32129.76K
Sep 11, 2026$33.25$33.49$32.75$33.27115.52K
Sep 10, 2026$32.78$32.93$32.265$32.93190.96K
Sep 9, 2026$33.11$33.125$32.66$32.80118.53K
Sep 8, 2026$33.61$33.665$33.1703$33.23130.25K
Sep 4, 2026$33.19$33.875$33.19$33.79112.42K
Sep 3, 2026$33.55$33.56$33.30$33.37147.39K
Sep 2, 2026$32.82$33.54$32.745$33.31152.38K
Sep 1, 2026$32.89$33.045$32.39$32.61117.02K
Aug 31, 2026$32.97$32.97$32.62$32.90114.79K
Aug 28, 2026$33.55$33.93$33.075$33.12125.4K
Aug 27, 2026$33.15$33.355$32.7415$33.24102.69K
Aug 26, 2026$33.25$33.47$33.085$33.23102.39K
Aug 25, 2026$32.94$33.105$32.73$33.07113.5K

Latest ALRS news

The latest Smart Investors Daily articles mentioning ALRS.

ALRS research

Overview

Company profile and research snapshot.

Company profile

Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.

Visit company website

Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$23.00
Implied upside
Analysts
11
ALRS recent ratings
DateFirmRatingTarget
Jul 31, 2026Piper SandlerNeutral
Jul 31, 2026Keefe, Bruyette & WoodsMarket Perform
Jul 9, 2026Raymond JamesOutperform
Jun 26, 2026Piper SandlerNeutral
May 1, 2026Piper SandlerNeutral
Open full forecast

News briefing

Generated Sep 23, 2026, 9:03 PM

Why Is ALRS Down Today?

Alerus Financial Corporation shares declined 1.34% today as implied volatility in the stock's options market surged, signaling increased uncertainty among traders about the company's near-term direction. Rising options volatility typically reflects either anticipated earnings announcements, broader market concerns, or shifting investor sentiment about the financial institution's prospects.

    Bottom line: ALRS's 1.34% decline appears tied to rising options market volatility rather than a major selloff, suggesting uncertainty rather than conviction among traders. Investors should monitor whether this volatility reflects upcoming catalysts or broader financial sector concerns, and watch for follow-through moves that could clarify the market's assessment of the stock.

    Yahoo · Sep 20, 2026

    3 US Stocks To Watch As Higher Treasury Yields Reshape Cash Management

    With the Federal Reserve lifting rates and the 10 year Treasury yield above 5%, cash is no longer just a parking bay; it competes directly with equities for your attention. That shift can reshape how investors treat cash management and ultra short duration funds, which creates both openings and traps. This article walks through three US listed stocks exposed to that rate story and explains how each one could reward or punish complacent capital. The three stocks below are only a starter pack...

    Yahoo · Aug 27, 2026

    Alerus Financial Corporation Declares Cash Dividend on Common Shares and Announces New Stock Repurchase Program

    MINNEAPOLIS, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (NASDAQ: ALRS), or the Company, announced that its board of directors declared a regular quarterly cash dividend of $0.22 per common share on August 26, 2026, a 4.76% increase over the dividend paid a year ago. The dividend is payable on October 9, 2026, to stockholders of record as of close of business on September 25, 2026. Current and historic dividend information, as well as quarterly financial statements, investor p

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