ALRS
Alerus Financial Corporation Financial Services - Banks - Regional Investor Relations →
Alerus Financial Corporation (ALRS) closed at $26.95 as of 2026-05-01, trading 38.1% above its 200-week moving average of $19.52. The stock moved further from the line this week, up from 30.7% last week. The 14-week RSI sits at 70, indicating neutral momentum.
Trading volume is running at 1.5x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.27 ratio) is neutral — neither side is clearly dominating.
Over the past 1158 weeks of data, ALRS has crossed below its 200-week moving average 18 times. On average, these episodes lasted 16 weeks. Historically, investors who bought ALRS at the start of these episodes saw an average one-year return of +15.6%.
With a market cap of $680 million, ALRS is a small-cap stock. Return on equity stands at 5.0%. The stock trades at 1.2x book value.
Share count has increased 27.1% over three years, indicating dilution.
Over the past 22.2 years, a hypothetical investment of $100 in ALRS would have grown to $916, compared to $941 for the S&P 500. ALRS has returned 10.5% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -16.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ALRS vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ALRS Crosses Below the Line?
Across 18 historical episodes, buying ALRS when it crossed below its 200-week moving average produced an average return of +16.4% after 12 months (median +9.0%), compared to +22.5% for the S&P 500 over the same periods. 61% of those episodes were profitable after one year. After 24 months, the average return was +28.2% vs +39.2% for the index.
Each line shows $100 invested at the moment ALRS crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ALRS has crossed below its 200-week MA 18 times with an average 1-year return of +15.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2008 | Oct 2010 | 106 | 27.6% | -2.0% | +464.3% |
| Dec 2010 | Jan 2011 | 2 | 3.7% | +4.5% | +397.8% |
| Aug 2011 | Nov 2011 | 14 | 9.8% | +22.7% | +433.1% |
| Oct 2016 | Nov 2016 | 5 | 0.7% | +27.4% | +117.7% |
| Dec 2016 | Dec 2016 | 2 | 2.3% | +27.4% | +117.7% |
| Apr 2019 | Jul 2019 | 16 | 2.5% | -14.8% | +77.8% |
| Mar 2020 | Jun 2020 | 13 | 21.0% | +68.2% | +78.5% |
| Jun 2020 | Jul 2020 | 3 | 2.6% | +76.4% | +72.4% |
| Jul 2020 | Aug 2020 | 1 | 0.5% | +47.4% | +68.0% |
| Sep 2020 | Sep 2020 | 1 | 4.4% | +61.5% | +72.8% |
| Jul 2022 | Jul 2022 | 2 | 1.1% | -16.2% | +36.7% |
| Sep 2022 | Nov 2022 | 8 | 5.8% | -16.3% | +34.7% |
| Dec 2022 | Dec 2022 | 2 | 0.7% | -14.4% | +33.2% |
| Jan 2023 | Dec 2023 | 49 | 39.4% | -2.7% | +33.2% |
| Jan 2024 | Jan 2024 | 3 | 5.5% | -6.9% | +36.9% |
| Feb 2024 | Aug 2024 | 26 | 18.4% | -1.3% | +35.3% |
| Sep 2024 | Sep 2024 | 3 | 5.2% | +10.6% | +35.7% |
| Oct 2024 | May 2025 | 27 | 23.1% | +9.2% | +42.0% |
| Average | 16 | — | +15.6% | — |
Frequently Asked Questions
Is ALRS below its 200-week moving average?
No. Alerus Financial Corporation (ALRS) is currently 38.1% above its 200-week moving average of $19.52. It would need to fall to $19.52 to cross below the line.
What is ALRS's 200-week moving average price?
Alerus Financial Corporation's 200-week moving average is $19.52 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ALRS drops below its 200-week moving average?
ALRS has crossed below its 200-week moving average 18 times in our data. On average, buying at that moment produced a one-year return of +15.6%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is ALRS a good value right now?
Here's what our data says about ALRS as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 70. Return on equity is 5.0%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does ALRS compare to the S&P 500?
Over the past 22.2 years, $100 invested in ALRS would have grown to $916, compared to $941 for the S&P 500. That's 10.5% annualized vs 10.6% for the index. ALRS has underperformed the broader market over this period.
Does ALRS pay a dividend?
Yes. Alerus Financial Corporation currently pays a dividend yield of 312.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01