Brokerages Anticipate Alerus Finl Cp (NYSE:ALRS) to Announce $0.48 Earnings Per Share

Alerus Finl Cp (NYSE:ALRS) has been assigned a consensus broker rating score of 2.67 (Hold) from the three brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Brokers have set a 1 year consensus price objective of $24.00 for the company and are anticipating that the company will post $0.48 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Alerus Finl Cp an industry rank of 97 out of 255 based on the ratings given to related companies.

Separately, DA Davidson reiterated a “neutral” rating on shares of Alerus Finl Cp in a report on Wednesday.

Shares of ALRS stock traded up $0.02 on Friday, reaching $21.27. 864 shares of the company’s stock traded hands, compared to its average volume of 8,430. Alerus Finl Cp has a 12-month low of $18.70 and a 12-month high of $24.00.

Alerus Finl Cp Company Profile

Alerus Financial Corporation, through its subsidiaries, provides various financial services for individuals, families, and businesses. It offers checking and savings accounts, certificates of deposit, personal loans, lines of credit, debit and credit cards, deposit and payment solutions, and mobile wallet, as well as online banking and bill pay, mobile banking, and private banking services.

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