NYSE:AMRC - Ameresco Stock Price, Forecast & News

Ameresco trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMRC."

Ameresco Inc (NYSE:AMRC) released its earnings results on Tuesday, November, 5th. The utilities provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.26 by $0.08. The utilities provider had revenue of $212.03 million for the quarter, compared to analyst estimates of $235.41 million. Ameresco had a net margin of 4.35% and a return on equity of 7.44%. The firm's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 earnings per share. View Ameresco's Earnings History.

Ameresco is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Ameresco.

Ameresco issued an update on its FY19 earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $0.77-0.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.79. The company issued revenue guidance of $845-885 million, compared to the consensus revenue estimate of $851.63 million.

4 analysts have issued 12 month price objectives for Ameresco's shares. Their forecasts range from $19.00 to $20.00. On average, they expect Ameresco's stock price to reach $19.38 in the next year. This suggests that the stock has a possible downside of 2.0%. View Analyst Price Targets for Ameresco.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.

News headlines about AMRC stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ameresco earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Ameresco.

Some companies that are related to Ameresco include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), MasTec (MTZ), Emcor Group (EME), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Aegion (AEGN), Argan (AGX) and Tutor Perini (TPC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include Advanced Micro Devices (AMD), EnerNOC (ENOC), Applied Materials (AMAT), Ambarella (AMBA), Micron Technology (MU), Netflix (NFLX), Enterprise Products Partners (EPD), Century Aluminum (CENX), Corbus Pharmaceuticals (CRBP) and Cypress Semiconductor (CY).

Ameresco's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Clean Yield Group (0.18%) and TIAA FSB (0.05%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, Jennifer L Miller, Joseph P Demanche, Joseph W Sutton, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos and Thomas S Murley. View Institutional Ownership Trends for Ameresco.

AMRC stock was sold by a variety of institutional investors in the last quarter, including TIAA FSB. Company insiders that have sold Ameresco company stock in the last year include David Anderson, David J Corrsin, Douglas I Foy, George P Sakellaris, Joseph W Sutton and Michael T Bakas. View Insider Buying and Selling for Ameresco.

AMRC stock was purchased by a variety of institutional investors in the last quarter, including Clean Yield Group. Company insiders that have bought Ameresco stock in the last two years include Jennifer L Miller, Nickolas Stavropoulos and Thomas S Murley. View Insider Buying and Selling for Ameresco.

Shares of AMRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AMRC stock can currently be purchased for approximately $19.78.

Ameresco has a market capitalization of $930.31 million and generates $787.14 million in revenue each year. The utilities provider earns $37.98 million in net income (profit) each year or $0.81 on an earnings per share basis. Ameresco employs 1,116 workers across the globe.View Additional Information About Ameresco.

The official website for Ameresco is http://www.ameresco.com/.

Ameresco's mailing address is 111 Speen Street Suite 410, Framingham MA, 01701. The utilities provider can be reached via phone at 508-661-2200 or via email at [email protected]