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$787.14 million
Profitability
Miscellaneous
Employees1,116
Next Earnings Date5/7/2019 (Estimated)
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 declared that its Board of Directors has approved a share buyback program on Friday, April 7th 2017, which authorizes the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.
How were Ameresco's earnings last quarter?
Ameresco Inc (NYSE:AMRC) posted its earnings results on Wednesday, March, 6th. The utilities provider reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.05. The utilities provider had revenue of $217.40 million for the quarter, compared to analysts' expectations of $227.53 million. Ameresco had a net margin of 4.83% and a return on equity of 10.56%. The business's revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 EPS. View Ameresco's Earnings History.
When is Ameresco's next earnings date?
What guidance has Ameresco issued on next quarter's earnings?
Ameresco updated its FY19 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of $0.87-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.87. The company issued revenue guidance of $845-885 million, compared to the consensus revenue estimate of $851.93 million.Ameresco also updated its FY 2019 guidance to $0.75-0.85 EPS.
What price target have analysts set for AMRC?
4 equities research analysts have issued 12-month price targets for Ameresco's stock. Their forecasts range from $17.00 to $19.50. On average, they anticipate Ameresco's stock price to reach $18.6250 in the next year. This suggests a possible upside of 16.2% 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.
Has Ameresco been receiving favorable news coverage?
Media coverage about AMRC stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ameresco earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely 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), Concrete Pumping (BBCP), Lime Energy (LIME), Limbach (LMB), Real Goods Solar (RGSE), China Advanced Constructn Mtrls Grp (CADC), Chicago Bridge & Iron (CBI), Layne Christensen (LAYN) and Obayashi (OBYCF).
What other stocks do shareholders of Ameresco own?
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 A. Chiplock, Chief Accounting Officer, Interim CFO, VP & Treasurer (Age 49)
Who are Ameresco's major shareholders?
Ameresco's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.30%), Dimensional Fund Advisors LP (3.30%), BlackRock Inc. (2.28%), Gagnon Securities LLC (2.01%), Royce & Associates LP (1.24%) and Handelsbanken Fonder AB (0.90%). Company insiders that own Ameresco stock include David Anderson, Francis V Wisneski Jr, Jennifer L Miller, Joseph P Demanche, Joseph W Sutton, 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, Two Sigma Investments LP, Bank of America Corp DE, Capital Impact Advisors LLC, First Trust Advisors LP, Rock Point Advisors LLC, Two Sigma Advisers LP and Janney Montgomery Scott LLC. Company insiders that have sold Ameresco company stock in the last year include David Anderson, Francis V Wisneski Jr, Joseph W Sutton, 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 Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, AlphaMark Advisors LLC, BlackRock Inc., Oberweis Asset Management Inc., Handelsbanken Fonder AB, GSA Capital Partners LLP and Northern Trust Corp. 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 $16.03.
How big of a company is Ameresco?
Ameresco has a market capitalization of $737.06 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.
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.
