NYSE:AMRC - Ameresco Stock Price, News, & Analysis

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

Ameresco declared that its board has approved a stock repurchase program on Friday, April 7th 2017, which authorizes the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 1.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Ameresco Inc (NYSE:AMRC) announced its quarterly earnings results on Tuesday, August, 7th. The utilities provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.09. The utilities provider had revenue of $196.98 million for the quarter, compared to analyst estimates of $182.50 million. Ameresco had a return on equity of 13.83% and a net margin of 6.15%. The firm's revenue was up 18.2% on a year-over-year basis. During the same quarter last year, the company earned $0.13 earnings per share. View Ameresco's Earnings History.

Ameresco is scheduled to release their next quarterly earnings announcement on Tuesday, October, 30th 2018. View Earnings Estimates for Ameresco.

3 equities research analysts have issued 12-month price targets for Ameresco's stock. Their predictions range from $13.00 to $13.50. On average, they anticipate Ameresco's share price to reach $13.1667 in the next twelve months. This suggests that the stock has a possible downside of 11.3%. View Analyst Price Targets for Ameresco.

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

Some companies that are related to Ameresco include VALLOUREC SA/S (VLOWY), Chicago Bridge & Iron (CBI), Argan (AGX), Matrix Service (MTRX), Layne Christensen (LAYN), Limbach (LMB), China Advanced Constructn Mtrls Grp (CADC), Lime Energy (LIME) and Real Goods Solar (RGSE).

News headlines about AMRC stock have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ameresco earned a media and rumor sentiment score of 0.10 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 46.69 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Ameresco.

Ameresco's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.71%), Gagnon Securities LLC (2.07%), BlackRock Inc. (2.04%), Gagnon Advisors LLC (1.33%), Royce & Associates LP (1.25%) and Bandera Partners LLC (0.84%). Company insiders that own Ameresco stock include David Anderson, Jennifer L Miller, Joseph P Demanche, Louis P Maltezos, Neil Gagnon 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 Renaissance Technologies LLC, Capital Impact Advisors LLC, EAM Investors LLC, EAM Global Investors LLC, Janney Montgomery Scott LLC and GSA Capital Partners LLP. Company insiders that have sold Ameresco company stock in the last year include David Anderson, Joseph P Demanche and Louis P Maltezos. View Insider Buying and Selling for Ameresco.

AMRC stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Dimensional Fund Advisors LP, BlackRock Inc., Gagnon Securities LLC, Bank of America Corp DE, Dupont Capital Management Corp, Bandera Partners LLC and Gagnon Advisors LLC. Company insiders that have bought Ameresco stock in the last two years include Jennifer L Miller 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, Scottrade, Fidelity and Charles Schwab.

One share of AMRC stock can currently be purchased for approximately $14.85.

Ameresco has a market capitalization of $673.06 million and generates $717.15 million in revenue each year. The utilities provider earns $37.49 million in net income (profit) each year or $0.76 on an earnings per share basis. Ameresco employs 1,049 workers across the globe.

Ameresco's mailing address is 111 Speen Street Suite410, Framingham MA, 01701. The utilities provider can be reached via phone at 508-661-2200 or via email at [email protected]