Alerus Financial (ALRS) to Post Quarterly Earnings on Wednesday

Alerus Financial (NASDAQ:ALRS) is expected to release 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 for the latest details on the call scheduled for Thursday, July 30, 2026 at 12:00 PM ET.

Alerus Financial (NASDAQ:ALRS) last issued its 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 firm had revenue of $75.78 million for the quarter, compared to analyst estimates 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 $32.74 on Tuesday. Alerus Financial has a 12-month low of $20.26 and a 12-month high of $33.27. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $822.76 million, a PE ratio of 31.79 and a beta of 0.68. The firm has a 50 day moving average of $30.22 and a two-hundred day moving average of $26.71.

Alerus Financial Increases Dividend

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on ALRS. Zacks Research upgraded shares of Alerus Financial from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Wall Street Zen upgraded shares of Alerus Financial from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. DA Davidson upped their price target on shares of Alerus Financial from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Raymond James Financial initiated coverage on Alerus Financial in a research report on Thursday, July 9th. They set an “outperform” rating and a $34.00 price target on the stock. Finally, Keefe, Bruyette & Woods lifted their price objective on Alerus Financial from $25.00 to $27.00 and gave the company a “market perform” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Alerus Financial currently has an average rating of “Moderate Buy” and a consensus target price of $30.50.

Institutional Investors Weigh In On Alerus Financial

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its holdings in shares of Alerus Financial by 35.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 15,363 shares of the company’s stock valued at $346,000 after purchasing an additional 4,002 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Alerus Financial by 8.6% during the fourth quarter. Wellington Management Group LLP now owns 245,497 shares of the company’s stock worth $5,529,000 after buying an additional 19,490 shares in the last quarter. Man Group plc grew its position in Alerus Financial by 25.6% during the fourth quarter. Man Group plc now owns 64,111 shares of the company’s stock valued at $1,444,000 after buying an additional 13,070 shares during the period. Bridgeway Capital Management LLC grew its position in Alerus Financial by 63.5% during the fourth quarter. Bridgeway Capital Management LLC now owns 15,940 shares of the company’s stock valued at $359,000 after buying an additional 6,190 shares during the period. Finally, Cetera Investment Advisers grew its position in Alerus Financial by 62.4% during the fourth quarter. Cetera Investment Advisers now owns 34,690 shares of the company’s stock valued at $781,000 after buying an additional 13,332 shares during the period. 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.