
ALRS Stock Forecast & Price Target
ALRS Analyst Ratings
Bulls say
Alerus Financial is expected to experience strong loan portfolio growth following the company's strategic decision to rationalize and reduce non-core lending relationships. The company's focus on retirement and wealth management services, as well as its efficient cost controls, should also drive profitability. Additionally, ALRS has a solid financial base with strong capital and regulatory ratios, mitigating any potential risks and making it an attractive hold for investors.
Bears say
Alerus Financial is facing challenges with its NCOs, as they spiked this quarter due to a significant charge-off on a L-T C&I relationship. However, the company's ACL is still strong and we anticipate NCOs to moderate in the future. The company also has a focus on gaining market share through experienced RMs, but their core fee income has seen a decline. Despite these challenges, Alerus Financial is expecting loan growth and has raised its EPS estimates and price target.
This aggregate rating is based on analysts' research of Alerus Financial Corp and is not a guaranteed prediction by Public.com or investment advice.
ALRS Analyst Forecast & Price Prediction
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