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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
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Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
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Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:AMPS

Altus Power (AMPS) Stock Price, News & Analysis

$6.90
0.00 (0.00%)
(As of 03/4/2024 ET)
Today's Range
$6.70
$6.91
50-Day Range
$5.31
$7.27
52-Week Range
$4.08
$7.41
Volume
869,152 shs
Average Volume
932,131 shs
Market Capitalization
$1.10 billion
P/E Ratio
13.26
Dividend Yield
N/A
Price Target
$8.86

Altus Power MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
28.5% Upside
$8.86 Price Target
Short Interest
Bearish
9.44% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.09mentions of Altus Power in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.27 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.44 out of 5 stars

Oils/Energy Sector

160th out of 239 stocks

Electric Services Industry

28th out of 41 stocks


AMPS stock logo

About Altus Power Stock (NYSE:AMPS)

Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. The company was founded in 2013 and is headquartered in Stamford, Connecticut.

AMPS Stock Price History

AMPS Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Altus Power, Inc. (NYSE:AMPS) CFO Dustin Weber Sells 4,350 Shares
Altus Power Stock (NYSE:AMPS) is Heating Up
7 Solar Stocks That Could Make Your February Unforgettable
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
AMPS Mar 2024 5.000 put
CRED and AMPS are among utility movers
Altus Power Inc CFO Dustin Weber Sells 21,000 Shares
Altus Power To Acquire Core Business Of Unico Solar Investors
Altus Power Inc CFO Dustin Weber Sells 50,000 Shares
See More Headlines
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Company Calendar

Last Earnings
11/13/2023
Today
3/05/2024
Next Earnings (Confirmed)
3/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
59
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.86
High Stock Price Target
$10.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+28.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$55.44 million
Pretax Margin
53.94%

Debt

Sales & Book Value

Annual Sales
$147.73 million
Cash Flow
$0.20 per share
Book Value
$2.80 per share

Miscellaneous

Free Float
109,517,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
0.95

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

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Key Executives

  • Mr. Lars R. Norell (Age 52)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Gregg J. Felton II (Age 53)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Anthony P. Savino (Age 66)
    Co-Founder & Chief Construction Officer
    Comp: $350k
  • Mr. Dustin L. Weber (Age 43)
    Chief Financial Officer
    Comp: $529.72k
  • Mr. Chris Shelton
    Head of Investor Relations
  • Ms. Sophia Lee
    Corporate Secretary, Chief Legal Officer & Chief Sustainability Officer
  • Ms. Melissa Boulan
    Chief People Officer
  • Mr. Daniel S. Alcombright
    Chief Platform Officer
  • Ms. Julia Sears
    Chief Digital Officer
  • Mr. Steve D'Agostino
    Head of Analytics














AMPS Stock Analysis - Frequently Asked Questions

Should I buy or sell Altus Power stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMPS shares.
View AMPS analyst ratings
or view top-rated stocks.

What is Altus Power's stock price target for 2024?

7 brokerages have issued 12-month price targets for Altus Power's stock. Their AMPS share price targets range from $7.00 to $10.00. On average, they expect the company's stock price to reach $8.86 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price.
View analysts price targets for AMPS
or view top-rated stocks among Wall Street analysts.

How have AMPS shares performed in 2024?

Altus Power's stock was trading at $6.83 at the beginning of the year. Since then, AMPS stock has increased by 1.0% and is now trading at $6.8950.
View the best growth stocks for 2024 here
.

When is Altus Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our AMPS earnings forecast
.

How can I listen to Altus Power's earnings call?

Altus Power will be holding an earnings conference call on Thursday, March 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13744424".

How were Altus Power's earnings last quarter?

Altus Power, Inc. (NYSE:AMPS) announced its quarterly earnings results on Monday, November, 13th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01. The company had revenue of $45.08 million for the quarter, compared to the consensus estimate of $49.22 million. Altus Power had a trailing twelve-month return on equity of 0.15% and a net margin of 57.98%. During the same quarter last year, the company earned $0.03 earnings per share.

Is Altus Power a good dividend stock?

Altus Power (NYSE:AMPS) pays an annual dividend of $1.59 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 305.77%. Payout ratios above 75% are not desirable because they may not be sustainable.

Who are Altus Power's major shareholders?

Altus Power's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.46%), Dimensional Fund Advisors LP (0.96%), CIBC Private Wealth Group LLC (0.56%), First Trust Advisors LP (0.50%), Handelsbanken Fonder AB (0.48%) and Northern Trust Corp (0.35%). Insiders that own company stock include Altus Holdings Lp Gso, Anthony Savino, Dustin Weber, Gregg J Felton, Lars Norell and William F Concannon.
View institutional ownership trends
.

How do I buy shares of Altus Power?

Shares of AMPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMPS) was last updated on 3/5/2024 by MarketBeat.com Staff