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

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$16.56 +0.33 (+2.03 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$16.23
Today's Range$16.14 - $16.61
52-Week Range$8.05 - $16.61
Volume200,373 shs
Average Volume100,605 shs
Market Capitalization$761.36 million
P/E Ratio21.79
Dividend YieldN/A
Beta0.59
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.

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Industry, Sector and Symbol

Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorOils/Energy
CUSIP02361E10
Phone508-661-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$717.15 million
Cash Flow$1.4852 per share
Book Value$7.39 per share

Profitability

Net Income$37.49 million

Miscellaneous

Employees1,049
Market Cap$761.36 million
Next Earnings Date3/5/2019 (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 announced that its board has approved a stock repurchase plan on Friday, April 7th 2017, which authorizes the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 1.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Ameresco's earnings last quarter?

Ameresco Inc (NYSE:AMRC) posted its quarterly earnings results on Tuesday, October, 30th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.08. The utilities provider had revenue of $205.40 million for the quarter, compared to analyst estimates of $208.40 million. Ameresco had a return on equity of 14.06% and a net margin of 6.43%. The business's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.18 EPS. View Ameresco's Earnings History.

When is Ameresco's next earnings date?

Ameresco is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Ameresco.

What price target have analysts set for AMRC?

4 brokerages have issued 12-month target prices for Ameresco's shares. Their forecasts range from $14.00 to $17.50. On average, they expect Ameresco's share price to reach $16.25 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. 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, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ameresco earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Ameresco's key competitors?

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 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 institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.30%), BlackRock Inc. (2.28%), Gagnon Securities LLC (2.01%), Royce & Associates LP (1.24%), Handelsbanken Fonder AB (0.90%) and Northern Trust Corp (0.50%). 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, Two Sigma Investments LP, Bank of America Corp DE, First Trust Advisors LP, Rock Point Advisors LLC, Two Sigma Advisers LP, Janney Montgomery Scott LLC and Zacks Investment Management. 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 purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, AlphaMark Advisors LLC, BlackRock Inc., Oberweis Asset Management Inc., Handelsbanken Fonder AB, GSA Capital Partners LLP, Northern Trust Corp and Ibex Investors 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.

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 $16.56.

How big of a company is Ameresco?

Ameresco has a market capitalization of $761.36 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?

The official website for Ameresco is http://www.ameresco.com.

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  440
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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