ALRS - Alerus Financial Corporation
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$28.75
DETAILS
HIGH:
$29.00
LOW:
$28.50
MEDIAN:
$28.75
CONSENSUS:
$28.75
UPSIDE:
2.50%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Revenue | 327.9 | 338.3 | 243.3 | 224.6 | 235.8 | 239.8 | 204.6 | 188.3 | 176.4 | 172.6 | 140.2 | 125.8 | 124.2 | 132.0 | 104.2 | 99.1 | 75.4 | 79.0 |
| Cost of Revenue | 107.7 | 132.7 | 79.1 | 15.8 | 2.1 | 23.2 | 26.1 | 21.1 | 11.2 | 10.1 | 7.7 | 2.9 | 4.9 | 5.4 | 11.2 | 17.6 | 75.4 | 79.0 |
| Gross Profit | 220.2 | 205.6 | 164.2 | 208.8 | 233.7 | 216.6 | 178.6 | 167.2 | 165.2 | 162.5 | 132.5 | 122.9 | 119.3 | 126.5 | 92.9 | 81.5 | 0 | 0 |
| Operating Expenses | ||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 101.3 | 90.6 | 79.3 | 83.9 | 96.6 | 92.3 | 77.2 | 72.9 | 70.8 | 89.5 | 81.4 | 68.0 | 66.4 | 59.4 | 45.2 | 44.2 | 32.0 | 26.4 |
| Other Expenses | 96.3 | 91.9 | 69.0 | 72.5 | 68.1 | 65.8 | 62.5 | 61.3 | 61.8 | 51.9 | 27.3 | 25.1 | 20.9 | 41.5 | 31.6 | 28.5 | (16.0) | (13.2) |
| Operating Expenses | 197.6 | 182.5 | 148.3 | 156.6 | 164.7 | 158.1 | 139.7 | 134.2 | 132.7 | 141.4 | 108.7 | 93.1 | 87.4 | 100.8 | 76.7 | 72.6 | 16.0 | 13.2 |
| Operating Income | ||||||||||||||||||
| Operating Income | 22.6 | 23.2 | 15.9 | 52.2 | 69.1 | 58.5 | 38.9 | 33.0 | 32.5 | 21.2 | 23.8 | 29.8 | 32.0 | 25.7 | 16.2 | 8.8 | 4.1 | 14.0 |
| Interest Expense | 107.1 | 114.5 | 77.0 | 15.8 | 5.6 | 12.3 | 18.7 | 12.5 | 8.0 | 7.0 | 3.5 | 3.3 | 3.7 | 4.6 | 6.8 | 10.8 | 1.2 | 1.3 |
| Interest Income | 279.6 | 221.6 | 164.9 | 115.6 | 92.7 | 96.1 | 93.3 | 87.7 | 75.6 | 69.9 | 56.3 | 54.4 | 50.5 | 52.9 | 47.4 | 46.0 | 0 | 0 |
| Profitability | ||||||||||||||||||
| EBITDA | 39.9 | 38.0 | 24.4 | 60.4 | 77.9 | 67.4 | 47.7 | 41.8 | 42.4 | 32.6 | 32.5 | 37.9 | 39.4 | 25.7 | 16.2 | 8.8 | 11.1 | 14.0 |
| EBIT | 22.6 | 23.2 | 15.9 | 52.2 | 69.1 | 58.5 | 38.9 | 33.0 | 32.5 | 21.2 | 23.8 | 29.8 | 32.0 | 25.7 | 16.2 | 8.8 | 11.1 | 14.0 |
| Income Before Tax | 22.6 | 23.2 | 15.9 | 52.2 | 69.1 | 58.5 | 38.9 | 33.0 | 32.5 | 21.2 | 23.8 | 29.8 | 32.0 | 25.7 | 16.2 | 8.8 | 11.1 | 14.0 |
| Income Tax Expense | 5.2 | 5.4 | 4.2 | 12.2 | 16.4 | 13.8 | 9.4 | 7.2 | 17.5 | 7.1 | 6.7 | 9.0 | 11.7 | 9.5 | 5.5 | 3.0 | 3.8 | 4.8 |
| Net Income | 17.4 | 17.8 | 11.7 | 40.0 | 52.7 | 44.7 | 29.5 | 25.9 | 15.0 | 14.0 | 17.1 | 20.8 | 20.3 | 16.3 | 10.7 | 5.9 | 7.4 | 9.2 |
| Per Share Data | ||||||||||||||||||
| EPS (Basic) | 0.69 | 0.84 | 0.59 | 2.12 | 3.02 | 2.57 | 1.96 | 1.88 | 1.10 | 1.04 | 1.26 | 1.48 | 1.52 | 1.17 | 0.80 | 0.44 | 0.56 | 0.70 |
| EPS (Diluted) | 0.68 | 0.83 | 0.58 | 2.10 | 2.97 | 2.52 | 1.91 | 1.84 | 1.07 | 1.00 | 1.21 | 1.48 | 1.46 | 1.17 | 0.80 | 0.44 | 0.56 | 0.70 |
| Shares Outstanding | 25.4 | 21.0 | 19.9 | 18.6 | 17.2 | 17.1 | 14.7 | 13.8 | 13.7 | 13.5 | 13.4 | 13.9 | 13.2 | 13.6 | 13.3 | 13.2 | 13.1 | 13.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||
| Cash & Cash Equivalents | 67.2 | 61.2 | 129.9 | 58.2 | 242.3 | 173.0 | 144.0 | 40.7 | 122.0 | 207.4 | 0 | 0 |
| Short-Term Investments | 1.8 | 591.4 | 486.7 | 717.3 | 853.6 | 592.3 | 310.4 | 250.2 | 267.0 | 277.0 | 0 | 0 |
| Net Receivables | 21.7 | 56.3 | 57.3 | 48.1 | 32.3 | 23.8 | 20.8 | 21.7 | 26.6 | 24.5 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | (1.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98.3 | 26.3 |
| Total Current Assets | 88.9 | 716.7 | 679.7 | 830.4 | 1,133.6 | 793.9 | 480.3 | 317.7 | 422.1 | 511.7 | 98.3 | 26.3 |
| Non-Current Assets | ||||||||||||
| Property, Plant & Equipment | 72.0 | 53.2 | 23.4 | 22.7 | 22.1 | 27.2 | 29.0 | 21.7 | 21.2 | 24.3 | 92.4 | 65.9 |
| Goodwill | 85.6 | 85.6 | 46.8 | 47.1 | 31.5 | 30.2 | 27.3 | 27.3 | 27.3 | 27.3 | 0 | 0 |
| Intangible Assets | 33.4 | 51.8 | 19.2 | 25.1 | 22.1 | 27.9 | 22.2 | 27.1 | 31.8 | 37.5 | 0 | 0 |
| Long-Term Investments | 4,820.0 | 4,231.3 | 3,043.7 | 2,750.6 | 2,128.4 | 2,081.4 | 1,748.6 | 1,729.4 | 1,581.7 | 1,386.9 | 0 | 0 |
| Other Non-Current Assets | (4,783.7) | 70.2 | 60.4 | 61.4 | 43.4 | 43.8 | 41.5 | 45.6 | 42.8 | 43.4 | 936.1 | 668.8 |
| Total Non-Current Assets | 250.4 | 4,545.0 | 3,228.0 | 2,949.2 | 2,259.1 | 2,219.9 | 1,876.5 | 1,861.3 | 1,714.0 | 1,538.9 | 1,028.6 | 734.7 |
| Total Assets | 5,230.1 | 5,261.7 | 3,907.7 | 3,779.6 | 3,392.7 | 3,013.8 | 2,356.9 | 2,179.1 | 2,137.1 | 2,050.6 | 1,126.8 | 761.0 |
| Current Liabilities | ||||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 308.8 | 239.0 | 314.2 | 378.1 | 0 | 0 | 0 | 93.5 | 30 | 0.7 | 2.6 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 4,378.4 | 3,095.6 | 2,915.5 | 2,920.6 | 2,572.0 | 1,971.3 | 1,775.1 | 1,835.0 | 1,785.2 | 673.1 | 425.4 |
| Total Current Liabilities | 308.8 | 4,617.4 | 3,409.8 | 3,358.0 | 2,970.1 | 2,617.0 | 2,003.5 | 1,899.1 | 1,897.7 | 1,823.0 | 675.6 | 425.4 |
| Non-Current Liabilities | ||||||||||||
| Long-Term Debt | 95.5 | 59.1 | 59.0 | 58.8 | 58.7 | 58.3 | 58.1 | 58.0 | 57.8 | 57.6 | 40.4 | 30.6 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3,310.0 | 70.8 | 64.1 | 0 | 0 | 0 | 0 | 24.2 | 0 | 0 | 320.4 | 220.4 |
| Total Non-Current Liabilities | 3,441.7 | 148.9 | 128.8 | 64.7 | 63.2 | 66.6 | 67.6 | 83.0 | 58.8 | 58.8 | 362.9 | 253.1 |
| Total Liabilities | 4,665.1 | 4,766.3 | 3,538.6 | 3,422.8 | 3,033.3 | 2,683.6 | 2,071.2 | 1,982.1 | 1,956.5 | 1,881.8 | 1,038.5 | 678.5 |
| Stockholders' Equity | ||||||||||||
| Common Stock | 25.4 | 25.3 | 19.7 | 20.0 | 17.2 | 17.1 | 17.1 | 13.8 | 13.7 | 13.5 | 18.8 | 18.0 |
| Retained Earnings | 270.1 | 273.7 | 272.7 | 280.4 | 253.6 | 212.2 | 178.1 | 159.0 | 142.0 | 133.3 | 72.9 | 69.9 |
| Accumulated Other Comprehensive Income | (2.2) | (73.4) | (73.7) | (98.6) | (4.3) | 10.6 | 1.9 | (3.6) | (1.1) | (1.9) | (3.3) | (5.5) |
| Total Stockholders' Equity | 564.9 | 495.4 | 369.1 | 356.9 | 359.4 | 330.2 | 285.7 | 197.0 | 180.6 | 168.8 | 88.3 | 82.5 |
| Total Liabilities & Equity | 5,230.1 | 5,261.7 | 3,907.7 | 3,779.6 | 3,392.7 | 3,013.8 | 2,356.9 | 2,179.1 | 2,137.1 | 2,050.6 | 1,126.8 | 761.0 |
| Debt Metrics | ||||||||||||
| Total Debt | 440.5 | 317.0 | 378.9 | 442.8 | 63.2 | 66.6 | 67.6 | 152.3 | 88.8 | 59.5 | 45.1 | 30.6 |
| Net Debt | 373.4 | 255.8 | 249.0 | 384.6 | (179.1) | (106.4) | (76.4) | 111.6 | (33.2) | (147.8) | 45.1 | 30.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 17.4 | 17.8 | 11.7 | 40.0 | 52.7 | 44.7 | 29.5 | 25.9 | 15.0 | 14.0 |
| Depreciation & Amortization | 16.1 | 14.9 | 8.5 | 8.2 | 8.8 | 8.9 | 8.8 | 8.7 | 9.9 | 11.4 |
| Stock-Based Compensation | 2.7 | 1.6 | (1.1) | 1.9 | 3.1 | 1.9 | 1.8 | 1.8 | 0.9 | 1.5 |
| Change in Working Capital | (14.2) | (11.5) | (16.2) | 11.0 | (0.3) | (28.9) | (5.0) | 17.0 | 7.9 | 6.5 |
| Other Non-Cash Items | 39.6 | 10.2 | 25.2 | 40.9 | 82.8 | (44.4) | (16.1) | 0.1 | 4.4 | 3.7 |
| Operating Cash Flow | 67.5 | 29.0 | 29.0 | 103.0 | 149.8 | (22.3) | 19.2 | 53.6 | 47.9 | 34.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (8.7) | (12.4) | (3.2) | (1.8) | (1.7) | (3.8) | (2.9) | (3.8) | (2.9) | (1.7) |
| Acquisitions | 0 | 8.6 | 0 | 101.5 | 0 | (9.3) | 10.4 | 0 | 0 | (45.4) |
| Purchases of Investments | (382.1) | (110.1) | 0 | (95.6) | (790.0) | (414.7) | (123.2) | (29.6) | (38.2) | (82.5) |
| Sales/Maturities of Investments | 553.6 | 217.0 | 260.0 | 134.0 | 153.1 | 145.3 | 70.0 | 43.9 | 42.9 | 102.7 |
| Other Investing Activities | (94.9) | (433.1) | (308.8) | (430.8) | 220.9 | (255.9) | (19.9) | (165.2) | (206.5) | (32.5) |
| Investing Cash Flow | 76.5 | (330.0) | (52.0) | (292.6) | (417.7) | (538.4) | (65.6) | (154.7) | (205.1) | (59.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 69.8 | (76.8) | (63.9) | 377.9 | 0.1 | (0.2) | (93.7) | 63.3 | 29.1 | (31.8) |
| Stock Repurchased | (0.7) | (0.3) | (6.6) | (0.7) | (0.7) | (0.5) | (1.9) | (0.4) | (0.3) | (0.4) |
| Dividends Paid | (20.8) | (15.4) | (14.8) | (12.8) | (10.8) | (10.4) | (8.9) | (7.5) | (6.7) | (6.2) |
| Other Financing Activities | (186.4) | 324.9 | 180.1 | (358.8) | 348.6 | 600.7 | 191.4 | (35.7) | 49.8 | 25.0 |
| Financing Cash Flow | (138.1) | 232.4 | 94.8 | 5.6 | 337.2 | 589.6 | 149.7 | 19.8 | 71.8 | (33.4) |
| Cash Position | ||||||||||
| Net Change in Cash | 6.0 | (68.7) | 71.7 | (184.1) | 69.3 | 29.0 | 103.4 | (81.3) | (85.4) | (58.8) |
| Cash at Beginning | 61.2 | 129.9 | 58.2 | 242.3 | 173.0 | 144.0 | 40.7 | 122.0 | 207.4 | 266.2 |
| Cash at End | 67.2 | 61.2 | 129.9 | 58.2 | 242.3 | 173.0 | 144.0 | 40.7 | 122.0 | 207.4 |
| Free Cash Flow | 58.8 | 16.6 | 25.7 | 101.2 | 148.1 | (26.1) | 16.3 | 49.8 | 44.9 | 32.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||
| Revenue | 327.9 | 338.3 | 243.3 | 224.6 | 235.8 | 239.8 | 204.6 | 188.3 | 176.4 | 172.6 | 140.2 | 125.8 | 124.2 | 132.0 | 104.2 | 99.1 | 75.4 | 79.0 |
| Gross Profit | 220.2 | 205.6 | 164.2 | 208.8 | 233.7 | 216.6 | 178.6 | 167.2 | 165.2 | 162.5 | 132.5 | 122.9 | 119.3 | 126.5 | 92.9 | 81.5 | 0 | 0 |
| Operating Income | 22.6 | 23.2 | 15.9 | 52.2 | 69.1 | 58.5 | 38.9 | 33.0 | 32.5 | 21.2 | 23.8 | 29.8 | 32.0 | 25.7 | 16.2 | 8.8 | 4.1 | 14.0 |
| Net Income | 17.4 | 17.8 | 11.7 | 40.0 | 52.7 | 44.7 | 29.5 | 25.9 | 15.0 | 14.0 | 17.1 | 20.8 | 20.3 | 16.3 | 10.7 | 5.9 | 7.4 | 9.2 |
| EPS (Diluted) | 0.68 | 0.83 | 0.58 | 2.10 | 2.97 | 2.52 | 1.91 | 1.84 | 1.07 | 1.00 | 1.21 | 1.48 | 1.46 | 1.17 | 0.80 | 0.44 | 0.56 | 0.70 |
| Balance Sheet | ||||||||||||||||||
| Cash & Equivalents | 67.2 | 61.2 | 129.9 | 58.2 | 242.3 | 173.0 | 144.0 | 40.7 | 122.0 | 207.4 | 0 | 0 | ||||||
| Total Assets | 5,230.1 | 5,261.7 | 3,907.7 | 3,779.6 | 3,392.7 | 3,013.8 | 2,356.9 | 2,179.1 | 2,137.1 | 2,050.6 | 1,126.8 | 761.0 | ||||||
| Total Debt | 440.5 | 317.0 | 378.9 | 442.8 | 63.2 | 66.6 | 67.6 | 152.3 | 88.8 | 59.5 | 45.1 | 30.6 | ||||||
| Stockholders' Equity | 564.9 | 495.4 | 369.1 | 356.9 | 359.4 | 330.2 | 285.7 | 197.0 | 180.6 | 168.8 | 88.3 | 82.5 | ||||||
| Cash Flow | ||||||||||||||||||
| Operating Cash Flow | 67.5 | 29.0 | 29.0 | 103.0 | 149.8 | (22.3) | 19.2 | 53.6 | 47.9 | 34.0 | ||||||||
| Capital Expenditure | (8.7) | (12.4) | (3.2) | (1.8) | (1.7) | (3.8) | (2.9) | (3.8) | (2.9) | (1.7) | ||||||||
| Free Cash Flow | 58.8 | 16.6 | 25.7 | 101.2 | 148.1 | (26.1) | 16.3 | 49.8 | 44.9 | 32.3 | ||||||||