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) announced its quarterly earnings results on Tuesday, November, 5th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.08. The utilities provider earned $212.03 million during 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 quarter in the prior year, the company posted $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 updated its FY19 earnings guidance on Tuesday, November, 5th. The company provided earnings per share 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 brokers have issued 12-month target prices for Ameresco's stock. Their forecasts range from $19.00 to $20.00. On average, they anticipate Ameresco's share price to reach $19.38 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. 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 articles about AMRC stock have trended very negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ameresco earned a news impact score of -3.0 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Ameresco.

Some companies that are related to Ameresco include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), 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), Enterprise Products Partners (EPD), EnerNOC (ENOC), Applied Materials (AMAT), Ambarella (AMBA), Netflix (NFLX), Century Aluminum (CENX), Corbus Pharmaceuticals (CRBP), Cypress Semiconductor (CY) and FireEye (FEYE).

Ameresco's stock is owned by many different of institutional and retail investors. Top institutional investors include Clean Yield Group (0.18%), TIAA FSB (0.05%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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 bought by a variety of institutional investors in the last quarter, including Clean Yield Group and Zurcher Kantonalbank Zurich Cantonalbank . 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 $20.14.

Ameresco has a market capitalization of $947.18 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]