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, 2018, the company owned and operated 87 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 Date4/30/2019 (Confirmed)
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 were Ameresco's earnings last quarter?
Ameresco Inc (NYSE:AMRC) released its earnings results on Wednesday, March, 6th. The utilities provider reported $0.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.05. The utilities provider had revenue of $217.40 million for the quarter, compared to analyst estimates of $227.53 million. Ameresco had a net margin of 4.83% and a return on equity of 10.56%. The business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 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 updated its FY19 earnings guidance on Wednesday, March, 6th. The company provided earnings per share 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 brokerages have issued 1 year target prices for Ameresco's shares. Their predictions range from $17.00 to $19.50. On average, they anticipate Ameresco's share price to reach $18.6250 in the next twelve months. This suggests a possible upside of 14.8% 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 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?
Press coverage about AMRC stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ameresco earned a news impact score of 1.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future.
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), Limbach (LMB), Lime Energy (LIME), China Advanced Constructn Mtrls Grp (CADC), Real Goods Solar (RGSE), 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 retail and institutional investors. Top institutional shareholders include TIAA FSB (0.06%) and Meeder Asset Management Inc. (0.01%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, 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 institutional investors are selling Ameresco stock?
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, Francis V Wisneski Jr, Joseph W Sutton, Louis P Maltezos, Mark Chiplock and Michael T Bakas. View Insider Buying and Selling for Ameresco.
Which institutional investors are buying Ameresco stock?
AMRC stock was bought by a variety of institutional investors in the last quarter, including 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 $16.23.
How big of a company is Ameresco?
Ameresco has a market capitalization of $746.26 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.
