Ameresco Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ameresco stock.
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Ameresco is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Ameresco.

Ameresco, Inc. (NYSE:AMRC) issued its earnings results on Sunday, August, 1st. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.26 by $0.08. The utilities provider had revenue of $273.92 million for the quarter, compared to analysts' expectations of $260.82 million. Ameresco had a net margin of 6.08% and a trailing twelve-month return on equity of 12.91%.
View Ameresco's earnings history.

Ameresco's stock was trading at $18.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMRC shares have increased by 238.4% and is now trading at $62.94.
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Ameresco updated its FY 2021 earnings guidance on Monday, August, 9th. The company provided EPS guidance of $1.220-$1.300 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.280. The company issued revenue guidance of $1.11 billion-$1.16 billion, compared to the consensus revenue estimate of $1.15 billion.

10 brokers have issued 12 month price targets for Ameresco's stock. Their forecasts range from $51.00 to $80.00. On average, they expect Ameresco's stock price to reach $67.89 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
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27 employees have rated Ameresco CEO George Sakellaris on Glassdoor.com. George Sakellaris has an approval rating of 89% among Ameresco's employees.

Some companies that are related to Ameresco include Quanta Services (PWR), AECOM (ACM), MasTec (MTZ), EMCOR Group (EME), KBR (KBR), Comfort Systems USA (FIX), Fluor (FLR), Dycom Industries (DY), Granite Construction (GVA), MYR Group (MYRG), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Argan (AGX), Tutor Perini (TPC) and Sterling Construction (STRL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include NVIDIA (NVDA), Square (SQ), Advanced Micro Devices (AMD), Netflix (NFLX), Enterprise Products Partners (EPD), Alphabet (GOOG), Marvell Technology (MRVL), PayPal (PYPL), salesforce.com (CRM) and DocuSign (DOCU).

Ameresco trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMRC."

Ameresco's stock is owned by many different retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (4.31%), BlackRock Inc. (4.12%), Vanguard Group Inc. (3.80%), Grantham Mayo Van Otterloo & Co. LLC (2.65%), Macquarie Group Ltd. (2.41%) and Dimensional Fund Advisors LP (1.70%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, George P Sakellaris, Joseph W Sutton, Lauren Todd, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos, Nicole E Bulgarino, Spencer Doran Hole 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 Dimensional Fund Advisors LP, Handelsbanken Fonder AB, Arosa Capital Management LP, Invesco Ltd., Ziegler Capital Management LLC, Citigroup Inc., Nicholas Investment Partners LP, and Millennium Management LLC. Company insiders that have sold Ameresco company stock in the last year include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, Joseph W Sutton, Lauren Todd, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos, Nicole E Bulgarino, Spencer Doran Hole, and Thomas S Murley.
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AMRC stock was purchased by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, abrdn plc, Credit Suisse AG, DekaBank Deutsche Girozentrale, Balyasny Asset Management LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, and Connors Investor Services Inc..
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Shares of AMRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AMRC stock can currently be purchased for approximately $62.94.

Ameresco has a market capitalization of $3.23 billion and generates $1.03 billion in revenue each year. The utilities provider earns $54.05 million in net income (profit) each year or $1.18 on an earnings per share basis.

Ameresco employs 1,141 workers across the globe.

The official website for Ameresco is www.ameresco.com.

Ameresco is headquartered at 111 Speen Street Suite 410, Framingham MA, 01701.

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].