Ameresco, Inc. provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation segments. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance costs of customers' facilities. The company's projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. It also offers renewable energy products and services, such as the construction of small-scale plants for customers that produce electricity, gas, heat, or cooling from renewable sources of energy; and sells electricity and processed renewable gas fuel, heat, or cooling. In addition, the company provides enterprise energy management and consulting services; and sells solar photovoltaic (PV) energy products and systems. It serves federal, state, and local governments, as well as healthcare and educational institutions, housing authorities, and commercial and industrial customers. As of December 31, 2017, the company owned and operated 73 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts.
Industry, Sector and Symbol
Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorOils/Energy
Phone508-661-2200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$717.15 million
Profitability
Miscellaneous
Employees1,049
OptionableOptionable
Ameresco (NYSE:AMRC) Frequently Asked Questions
What is Ameresco's stock symbol?
Ameresco trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMRC."
How will Ameresco's stock buyback program work?
Ameresco announced that its Board of Directors has approved a stock buyback program on Friday, April 7th 2017, which permits the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 1.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were Ameresco's earnings last quarter?
Ameresco Inc (NYSE:AMRC) announced its quarterly earnings results on Tuesday, October, 30th. The utilities provider reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.08. The utilities provider earned $205.40 million during the quarter, compared to the consensus estimate of $208.40 million. Ameresco had a net margin of 6.43% and a return on equity of 14.06%. Ameresco's revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 earnings per share. View Ameresco's Earnings History.
When is Ameresco's next earnings date?
What guidance has Ameresco issued on next quarter's earnings?
Ameresco issued an update on its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided earnings per share guidance of $0.71-0.79 for the period, compared to the Thomson Reuters consensus estimate of $0.71. The company issued revenue guidance of $780-820 million, compared to the consensus revenue estimate of $798.9 million.
What price target have analysts set for AMRC?
4 Wall Street analysts have issued 1-year price targets for Ameresco's shares. Their forecasts range from $14.00 to $17.50. On average, they anticipate Ameresco's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for Ameresco.
What is the consensus analysts' recommendation for Ameresco?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.
Has Ameresco been receiving favorable news coverage?
News articles about AMRC stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive 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 five, with scores closest to five being the most favorable. Ameresco earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
Who are some of Ameresco's key competitors?
Some companies that are related to Ameresco include Brookfield Business Partners (BBU), TopBuild (BLD), VALLOUREC SA/S (VLOWY), Argan (AGX), Matrix Service (MTRX), Lime Energy (LIME), Real Goods Solar (RGSE), Limbach (LMB), China Advanced Constructn Mtrls Grp (CADC), Chicago Bridge & Iron (CBI), Layne Christensen (LAYN) and Obayashi (OBYCF).
Who are Ameresco's key executives?
Ameresco's management team includes the folowing people:
- Mr. George P. Sakellaris, Founder, Chairman, CEO & Pres (Age 72)
- Mr. Michael T. Bakas, Exec. VP of Distributed Energy Systems (Age 50)
- Mr. Louis P. Maltezos, Exec. VP (Age 52)
- Ms. Nicole Allen Bulgarino, Exec. VP & GM of Federal Solutions (Age 46)
- Mr. Mark Chiplock, Chief Accounting Officer, Interim CFO, VP & Treasurer (Age 49)
Who are Ameresco's major shareholders?
Ameresco's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gagnon Securities LLC (2.01%), Nachman Norwood & Parrott Inc (0.03%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Ameresco stock include David Anderson, Francis V Wisneski Jr, Jennifer L Miller, Joseph P Demanche, Louis P Maltezos, Mark Chiplock, Michael T Bakas and Thomas S Murley. View Institutional Ownership Trends for Ameresco.
Which major investors are selling Ameresco stock?
AMRC stock was sold by a variety of institutional investors in the last quarter, including Gagnon Securities LLC. Company insiders that have sold Ameresco company stock in the last year include David Anderson, Francis V Wisneski Jr, Joseph P Demanche, Louis P Maltezos, Mark Chiplock and Michael T Bakas. View Insider Buying and Selling for Ameresco.
Which major investors are buying Ameresco stock?
AMRC stock was acquired by a variety of institutional investors in the last quarter, including Nachman Norwood & Parrott Inc and Meeder Asset Management Inc.. 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.
How do I buy shares of 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.
What is Ameresco's stock price today?
One share of AMRC stock can currently be purchased for approximately $15.22.
How big of a company is Ameresco?
Ameresco has a market capitalization of $699.76 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.
What is Ameresco's official website?
How can I contact Ameresco?
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]
MarketBeat Community Rating for Ameresco (NYSE AMRC)
MarketBeat's community ratings are surveys of what our community members think about Ameresco and other stocks. Vote "Outperform" if you believe AMRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
