How to Buy Alerus Financial Stock
Alerus Financial Corp
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers.
Alerus Financial stock last closed at $18.70, up 0.38% from the previous day, and has decreased 13.9% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.32 percentage points. Alerus Financial stock is currently +4.18% from its 52-week low of $17.95, and -23.38% from its 52-week high of $24.41.
At the moment, there are 25.36M shares of ALRS outstanding. The market value of ALRS is $474.29M. In the last 24 hours, 34,452 ALRS shares were traded.
How to Buy Alerus Financial Stock
Wondering how to invest in Alerus Financial stock? Here's how.
- Choose where to buy Alerus Financial stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Alerus Financial stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your details.
- Research Alerus Financial stock: The Alerus Financial ticker symbol is ALRS. Is Alerus Financial stock a good investment? Should you buy shares of ALRS? How do ALRS's underlying business fundamentals look? Do top analysts think Alerus Financial is a good buy? Why has ALRS's stock price moved recently? (Hint: Our stock market research tools can help you decide if ALRS is a good stock to buy).
- Make your ALRS purchase: Decide if you will purchase ALRS shares at the current market price or use a limit order to buy ALRS stock at a given price.
- Watch your ALRS investment: Create a watchlist to get live updates on your new investment in Alerus Financial stock.
Step 1: Choose where to buy Alerus Financial stock
You need a brokerage account to access the NASDAQ market and buy ALRS stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Financial Services, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal info so you are able to buy ALRS stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on one of the best stock trading apps, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Research Alerus Financial stock
After you have decided on the best place to buy Alerus Financial stock, it's important to evaluate their stock prior to buying, so you actually understand the risk as well as the upside.
Overview of key ALRS info
ALRS Due Diligence Score
WallStreetZen was built to help part-time investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on ALRS's stock page.
What is the fair value of ALRS stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ALRS's fair value.
Using relative valuations ratios:
- ALRS may be overvalued based on its P/E ratio of 22.26x, relative to Banks - Regional industry P/E ratio of 13.09x
- ALRS may be undervalued based on its P/B ratio of 0.96x, relative to Banks - Regional industry P/B ratio of 1.13x
- ALRS could be undervalued based on its PEG ratio of 0.18x
You can do additional valuation research on ALRS's stock here.
How do ALRS Financials look?
Passed Health Checks:
- ALRS earnings of $23.16M is not enough to cover its interest payments.
- ALRS profit margin has gone up from 7% to 8.7% in the past year.
Failed Health Checks:
- Total ALRS debt is higher than 5 years ago, relative to shareholder equity.
- ALRS has a relatively high debt to equity ratio of 9.62.
- ALRS's operating cash flow of $28.96M allows it to safely service it's debt of $317.02M.
Is ALRS stock a Buy, Hold, or Sell, according to analysts?
Out of 4 sell side analysts who give recommendations on ALRS, the consensus analyst rating on Alerus Financial is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Alerus Financial stock forecast page.
ALRS Technicals
How is ALRS performing as a company?
Last year, ALRS earnings were $17.78M. Over the last 5 year, ALRS's earnings have gone up by -15.59% per year. This was slower than the Banks - Regional industry average of 17.45%.
Last year, ALRS revenue was $203.83M. In the last 5 year, ALRS's revenue has gone up by 2.36% per year. This was slower than the Banks - Regional industry average of 9.91%.
You can analyze ALRS's earnings and revenue performance here.
Who is buying/selling ALRS?
In the past 12 months, executives and large shareholders at ALRS have sold more shares than they have bought.
Karin M. Taylor, EVP and COO of ALRS, was the latest ALRS insider to sell. They sold $10,654.56 worth of ALRS stock on Feb 3, 2025.
Get more info about who owns ALRS stock here.
Does ALRS stock generate passive income?
Alerus Financial pays a dividend of 3.21%, compared to the Banks - Regional industry's average dividend yield of 2.77%. If you owned $1,000 of ALRS stock, you would have received $32.09 last year.
Alerus Financial dividend payments have consistently grown over the past 6 years and have remained stable.
Find more data about Alerus Financial dividend yield and history here.
ALRS Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your ALRS purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Watch your ALRS investment
Now that you own some ALRS shares, you'll want to keep up with your company.
Add ALRS to a watchlist to track the latest developments regarding your ALRS stock.
ALRS Feed
How to Buy Stock in Alerus Financial
To reiterate, here are the 6 steps to buy stock in Alerus Financial:
- Choose where to buy Alerus Financial stock
- Open your brokerage account
- Deposit money your investment account
- Research Alerus Financial stock
- Make your ALRS purchase
- Watch your ALRS investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Alerus Financial, hit the button below to create your watchlist.
Other "How To" Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.