- Earnings Estimates Rising for Alerus (ALRS): Will It Gain?
May 5, 2026 · zacks.com
Alerus (ALRS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- How The Valuation Story Is Shifting For Alerus Financial (ALRS)
May 4, 2026
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Alerus Financial’s updated analyst narrative now centers on a higher fair value price target, shifting from US$25.70 to US$28.00 as the new reference point. Analysts linking this change to their latest work highlight how differing views on what justifies that US$28.00 figure lead to both bullish and cautious takes on the stock. As you read on, you will see how to track these evolving assumptions so you can better understand what is driving the story around Alerus Financial.
Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Alerus Financial.
What Wall Street Has Been Saying
🐂 Bullish Takeaways
Piper Sandler recently raised its price target on Alerus Financial by US$0.50, which supports the higher fair value anchor of US$28.00 that some analysts are now using. The fresh work from Piper Sandler signals continued interest in the stock, giving you an updated reference point as you weigh current valuation against the new US$28.00 target.
🐻 Bearish Takeaways
Even with Piper Sandler’s higher target, some investors may question how much upside remains from current levels, especially if Alerus Financial’s execution or profitability does not fully align with the assumptions behind the US$28.00 figure. The reliance on a relatively small set of published research, such as the Piper Sandler report, means there is limited cross check from a broader group of firms, which can leave the valuation debate more open ended.
Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!NasdaqCM:ALRS 1-Year Stock Price Chart
We've flagged 1 risk for Alerus Financial. See which could impact your investment.
What's in the News
Alerus Financial reported net charge offs of US$7,027,000 for the first quarter ended March 31, 2026, compared with US$407,000 for the same period a year earlier, flagging recent credit costs that you may want to keep an eye on. From October 1, 2025 to December 31, 2025, the company reported no share repurchases under its buyback announced on December 14, 2023. Total repurchases under this authorization were 0 shares for US$0m. Recent analyst work, including a higher price target from Piper Sandler, has focused attention on how credit trends and capital return decisions factor into different views on Alerus Financial’s fair value.
How This Changes the Fair Value For Alerus Financial
The fair value target has shifted from US$25.70 to US$28.00. The assumed long term revenue growth has moved from 10.85% to 20.25%. The projected net profit margin has changed from 28.62% to 35.66%. The future P/E assumption has adjusted from 8.46x to 5.78x. The discount rate has been revised from 8.97% to 8.05%.
Story Continues
Never Miss an Update: Follow The Narrative
Narratives connect Alerus Financial’s business story to the analyst forecasts that sit behind the fair value target and key assumptions. They refresh as new earnings, credit data, or regulatory changes are factored into the view.
Head over to the Simply Wall St Community and follow the Narrative on Alerus Financial to stay up to date on:
How technology and cost management investments are expected to support adviser productivity, efficiency, and profitability. The role of retirement and benefits growth, along with SME and business banking expansion, in supporting fee income and loan growth. Key risks around concentrated credit exposure, rising deposit costs, digital execution, and reliance on fee based income.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ALRS.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Alerus Financial Corporation (ALRS) Q1 2026 Earnings Call Transcript
Apr 30, 2026 · seekingalpha.com
Alerus Financial Corporation (ALRS) Q1 2026 Earnings Call Transcript
- Strong Start To 2026 Changes My Opinion Of Alerus Financial (Rating Upgrade)
Apr 30, 2026 · seekingalpha.com
Alerus Financial Corporation delivered a standout Q1 2026, with EPS of $0.89, beating consensus by 50.8% and surpassing Q1 2025 by 71.2%. I now rate ALRS a Buy, citing improved earnings momentum, asset quality trends, and successful balance sheet repositioning that boosted investment yields. ALRS's diversified revenue mix—banking (59.1%), retirement/benefits (22.5%), and wealth advisory (9.6%)—reduces reliance on net interest income and supports resilient growth.
- Alerus (ALRS) Q1 Earnings and Revenues Top Estimates
Apr 29, 2026
Alerus (ALRS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +53.45%. A quarter ago, it was expected that this company would post earnings of $0.57 per share when it actually produced earnings of $0.85, delivering a surprise of +49.12%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Alerus, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $76.38 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.82%. This compares to year-ago revenues of $69 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Alerus shares have added about 15.6% since the beginning of the year versus the S&P 500's gain of 4.3%.
What's Next for Alerus?
While Alerus has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Alerus was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.64 on $75.9 million in revenues for the coming quarter and $2.52 on $305.3 million in revenues for the current fiscal year.
Story Continues
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the top 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Piper Sandler Companies (PIPR), has yet to report results for the quarter ended March 2026. The results are expected to be released on May 1.
This company is expected to post quarterly earnings of $0.85 per share in its upcoming report, which represents a year-over-year change of -16.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Piper Sandler Companies' revenues are expected to be $391 million, up 2% from the year-ago quarter.
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This article originally published on Zacks Investment Research (zacks.com).
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- Alerus (ALRS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Apr 29, 2026 · zacks.com
The headline numbers for Alerus (ALRS) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- Alerus (ALRS) Q1 Earnings and Revenues Top Estimates
Apr 29, 2026 · zacks.com
Alerus (ALRS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.56 per share a year ago.
- Alerus Financial Corporation Reports First Quarter 2026 Net Income of $23.0 Million
Apr 29, 2026 · globenewswire.com
MINNEAPOLIS, April 29, 2026 (GLOBE NEWSWIRE) -- Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $23.0 million for the first quarter of 2026, or $0.89 per diluted common share, compared to a net loss of $33.1 million, or $(1.27) per diluted common share, for the fourth quarter of 2025, and net income of $13.3 million, or $0.52 per diluted common share, for the first quarter of 2025.
- ALERUS FINANCIAL CORPORATION REPORTS FIRST QUARTER 2026 NET INCOME OF $23.0 MILLION
Apr 29, 2026
MINNEAPOLIS, APRIL 29, 2026 (GLOBE NEWSWIRE) -- ALERUS FINANCIAL CORPORATION (NASDAQ: ALRS), OR THE COMPANY, REPORTED NET INCOME OF $23.0 MILLION FOR THE FIRST QUARTER OF 2026, OR $0.89 PER DILUTED COMMON SHARE, COMPARED TO A NET LOSS OF $33.1 MILLION, OR $(1.27) PER DILUTED COMMON SHARE, FOR THE FOURTH QUARTER OF 2025, AND NET INCOME OF $13.3 MILLION, OR $0.52 PER DILUTED COMMON SHARE, FOR THE FIRST QUARTER OF 2025.
- Will Alerus (ALRS) Beat Estimates Again in Its Next Earnings Report?
Apr 27, 2026 · zacks.com
Alerus (ALRS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
