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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
Urgent Warning (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
Urgent Warning (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
Urgent Warning (Ad)
Berlin climate proposal fails to get enough yes votes to win
Adele extends Las Vegas residency, plans concert film
NYSE:AMRC

Ameresco - AMRC Stock Forecast, Price & News

$43.50
+0.01 (+0.02%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$42.04
$43.55
50-Day Range
$42.75
$64.58
52-Week Range
$40.73
$85.55
Volume
244,899 shs
Average Volume
517,547 shs
Market Capitalization
$2.26 billion
P/E Ratio
24.44
Dividend Yield
N/A
Price Target
$66.79

Ameresco MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
53.5% Upside
$66.79 Price Target
Short Interest
Bearish
9.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
31.87%
From $1.82 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.06 out of 5 stars

Oils/Energy Sector

28th out of 248 stocks

Construction - Special Trade Contractors Industry

1st out of 8 stocks


AMRC stock logo

About Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation (DG), and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility's energy infrastructure, and renewable energy solutions and services. The Non-Solar DG sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy, other than solar, and generated by small-scale plants, and operations and maintenance services for customer owned small-scale plants. The All Other segment focuses on the provision of enterprise energy management services, consulting services, and integrated-photovoltaic. The company was founded by George Peter Sakellaris on April 25, 2000 and is headquartered in Framingham, MA.

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AMRC Stock News Headlines

Why Shares of Ameresco Are Falling This Week
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Ameresco (AMRC) Q4 Earnings and Revenues Lag Estimates
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
The Return Trends At Ameresco (NYSE:AMRC) Look Promising
Ameresco (AMRC) Beat Earnings Expectations in Q3
CWEN vs. AMRC: Which Stock Is the Better Value Option?
Ameresco (AMRC) Beats Q3 Earnings and Revenue Estimates
See More Headlines
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AMRC Company Calendar

Last Earnings
2/27/2023
Today
3/26/2023
Next Earnings (Estimated)
5/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
Construction & Engineering
CUSIP
02361E10
Employees
1,363
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$66.79
High Stock Price Forecast
$82.00
Low Stock Price Forecast
$44.00
Forecasted Upside/Downside
+53.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$94.93 million
Pretax Margin
5.79%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$3.04 per share
Book Value
$16.81 per share

Miscellaneous

Free Float
30,192,000
Market Cap
$2.26 billion
Optionable
Optionable
Beta
1.15

Key Executives

  • George Peter SakellarisGeorge Peter Sakellaris
    Chairman, President & Chief Executive Officer
  • Spencer Doran Hole
    Chief Financial Officer & Senior Vice President
  • David John CorrsinDavid John Corrsin
    Secretary, Director, EVP & General Counsel
  • Nicole Allen BulgarinoNicole Allen Bulgarino
    Executive Vice President & GM-Federal Solutions
  • Jonathan Mancini
    Senior Vice President













AMRC Stock - Frequently Asked Questions

Should I buy or sell Ameresco stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMRC shares.
View AMRC analyst ratings
or view top-rated stocks.

What is Ameresco's stock price forecast for 2023?

12 Wall Street research analysts have issued 1-year target prices for Ameresco's shares. Their AMRC share price forecasts range from $44.00 to $82.00. On average, they predict the company's share price to reach $66.79 in the next twelve months. This suggests a possible upside of 53.5% from the stock's current price.
View analysts price targets for AMRC
or view top-rated stocks among Wall Street analysts.

How have AMRC shares performed in 2023?

Ameresco's stock was trading at $57.14 at the start of the year. Since then, AMRC shares have decreased by 23.9% and is now trading at $43.50.
View the best growth stocks for 2023 here
.

Are investors shorting Ameresco?

Ameresco saw a drop in short interest in February. As of February 15th, there was short interest totaling 3,180,000 shares, a drop of 5.4% from the January 31st total of 3,360,000 shares. Based on an average trading volume of 245,500 shares, the days-to-cover ratio is presently 13.0 days. Currently, 10.0% of the company's stock are sold short.
View Ameresco's Short Interest
.

When is Ameresco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our AMRC earnings forecast
.

How were Ameresco's earnings last quarter?

Ameresco, Inc. (NYSE:AMRC) posted its quarterly earnings data on Monday, February, 27th. The utilities provider reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.04. The utilities provider earned $331.73 million during the quarter, compared to analysts' expectations of $365.63 million. Ameresco had a net margin of 5.20% and a trailing twelve-month return on equity of 12.44%. Ameresco's quarterly revenue was down 20.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.50 earnings per share.

What guidance has Ameresco issued on next quarter's earnings?

Ameresco updated its first quarter 2023 earnings guidance on Monday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $220.00 million-$240.00 million, compared to the consensus revenue estimate of $354.90 million.

What is George Sakellaris' approval rating as Ameresco's CEO?

27 employees have rated Ameresco Chief Executive Officer George Sakellaris on Glassdoor.com. George Sakellaris has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Ameresco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include NVIDIA (NVDA), Block (SQ), Advanced Micro Devices (AMD), Netflix (NFLX), Enterprise Products Partners (EPD), Alphabet (GOOG), Marvell Technology (MRVL), PayPal (PYPL), Salesforce (CRM) and DocuSign (DOCU).

What is Ameresco's stock symbol?

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

Who are Ameresco's major shareholders?

Ameresco's stock is owned by a number of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (4.43%), Macquarie Group Ltd. (2.30%), abrdn plc (1.92%), Fred Alger Management LLC (1.72%), Lord Abbett & CO. LLC (1.56%) and Stephens Investment Management Group LLC (1.52%). Insiders that own company stock include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, George P Sakellaris, Joseph W Sutton, Joseph W Sutton, Lauren Todd, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos, Nicole E Bulgarino, Robert Georgeoff, Spencer Doran Hole and Thomas S Murley.
View institutional ownership trends
.

How do I buy shares of Ameresco?

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

What is Ameresco's stock price today?

One share of AMRC stock can currently be purchased for approximately $43.50.

How much money does Ameresco make?

Ameresco (NYSE:AMRC) has a market capitalization of $2.26 billion and generates $1.82 billion in revenue each year. The utilities provider earns $94.93 million in net income (profit) each year or $1.78 on an earnings per share basis.

How many employees does Ameresco have?

The company employs 1,363 workers across the globe.

How can I contact Ameresco?

Ameresco's mailing address is 111 Speen Street Suite 410, Framingham MA, 01701. The official website for the company is www.ameresco.com. The utilities provider can be reached via phone at (508) 661-2200, via email at lynn.morgen@advisiry.com, or via fax at 508-661-2201.

This page (NYSE:AMRC) was last updated on 3/26/2023 by MarketBeat.com Staff