Alerus Financial Corp Stock Today

ALRS Stock  USD 22.11  0.22  1.01%   

Performance

1 of 100

 
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Weak

Odds Of Distress

Less than 8

 
High
 
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Low
Alerus Financial is selling for under 22.11 as of the 25th of November 2024; that is 1.01% increase since the beginning of the trading day. The stock's lowest day price was 21.89. Alerus Financial has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during 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 29th of February 2024 and ending today, the 25th of November 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 25.34 M outstanding shares of which 243.49 K shares are presently shorted by private and institutional investors with about 1.97 trading days to cover. More on Alerus Financial Corp

Alerus Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentKatie Lorenson
Business ConcentrationDiversified Financial Services, Financial Services, NASDAQ Composite, Financials, Financial Services, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00280.003
Notably Down
Pretty Stable
Asset Turnover0.08320.0425
Way Up
Slightly volatile
Total Current Liabilities3.1 B2.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.7 B3.5 B
Sufficiently Up
Slightly volatile
Total Assets2.1 B3.9 B
Way Down
Slightly volatile
Total Current Assets27.4 M28.9 M
Notably Down
Very volatile
Debt Levels
Alerus Financial can leverage 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.
Liquidity
Alerus Financial Corp 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. Note, when we think about Alerus Financial's use of debt, we should always consider it together with its 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 560.23 M. Alerus Financial Corp conducts business under Financial Services sector and is part of Financials industry. The entity has 25.34 M outstanding shares of which 243.49 K shares are presently shorted by private and institutional investors with about 1.97 trading days to cover. Alerus Financial Corp currently holds about 68.29 M in cash with 28.98 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 25.34 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 Institutional Holders

InstituionRecorded OnShares
Cutler Capital Management2024-09-30
159 K
Charles Schwab Investment Management Inc2024-09-30
149.3 K
American Century Companies Inc2024-09-30
148.7 K
Bank Of New York Mellon Corp2024-06-30
123.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
117.4 K
Zacks Investment Management Inc2024-09-30
102.7 K
Bridgeway Capital Management, Llc2024-09-30
101.9 K
Mairs & Power Inc2024-09-30
97.7 K
Keeley-teton Advisors, Llc2024-06-30
89.8 K
Alerus Financial Na2024-09-30
2.1 M
Blackrock Inc2024-06-30
1.7 M
View Alerus Financial Diagnostics

Alerus Financial Historical Income Statement

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 153.1 M in 2024. View More Fundamentals

Alerus Stock Against Markets

Alerus Financial Corporate Management

Deborah OttoMarket DuluthProfile
Jim CollinsExecutive OfficerProfile
Jerrod CPAChief VPProfile
Bonnie CPAChief OfficerProfile
Karin TaylorExecutive OfficerProfile

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.

Additional Tools for Alerus Stock Analysis

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.