What does Alger Mid Cap Growth Institutional I do?

Alger Mid Cap Growth Institutional I (ALMRX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is ALMRX's market cap?

Alger Mid Cap Growth Institutional I (ALMRX) has a market capitalization of approximately $107.1 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does ALMRX pay a dividend?

Yes — Alger Mid Cap Growth Institutional I (ALMRX) has a dividend payment history. The most recent payment, frequency, and full history are on the Dividend tab.

ALMRX

Alger Mid Cap Growth Institutional I

NASDAQ·Asset Management · Financial Services

$29.79$0.17−0.57%

Market cap$107.06M·Market closed·Jul 23 12:10 PM UTC

Price Chart

$29.79−$0.17 (−0.57%)today

−37.81%CAGR −9.06%

Select date range

FromTo

Nov 8, 1993Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)0.00%

Annual Dividend (FWD)$0.00

Dividend Growth (5Y)+249.6%

Dividend Safety—

Payout Ratio—

FCF Payout Ratio—

Most Recent Dividend$19.85

Ex-Dividend DateDec 15

Payment DateDec 15

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

See exactly how ALMRX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.

The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for ALMRX and 80,000+ other tickers.

About Alger Mid Cap Growth Institutional I

The fund invests at least 80% of its net assets in equity securities of companies that, at the time of purchase of the securities, have total market capitalization within the range of companies included in the Russell Midcap Growth Index or the S&P MidCap 400 Index, as reported by the indexes as of the most recent quarter-end. Both indexes are designed to track the performance of medium-capitalization stocks.

CEO: Daniel C. ChungBiography
Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.alger.com

Peers

Peers Tab

BIPSX

ProFunds Biotechnology UltraSector Fund Service Class

Cap

$181.5M

DCGTX

Jackson Square SMID-Cap Growth Fund IS Class

Cap

$107.7M

ICBAX

ICON Natural Resources & Infrastructure Fund Investor

Cap

$134.5M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About ALMRX

What does Alger Mid Cap Growth Institutional I do?: Alger Mid Cap Growth Institutional I (ALMRX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is ALMRX's market cap?: Alger Mid Cap Growth Institutional I (ALMRX) has a market capitalization of approximately $107.1 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does ALMRX pay a dividend?: Yes — Alger Mid Cap Growth Institutional I (ALMRX) has a dividend payment history. The most recent payment, frequency, and full history are on the Dividend tab.