NYSE:AMRC - Ameresco Stock Price, Forecast & News

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

Ameresco Inc (NYSE:AMRC) announced its quarterly earnings data on Tuesday, November, 5th. The utilities provider reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.08. The utilities provider earned $212.03 million during the quarter, compared to analysts' expectations of $235.41 million. Ameresco had a net margin of 4.35% and a return on equity of 7.44%. Ameresco's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.23 EPS. View Ameresco's Earnings History.

Ameresco is scheduled to release their next quarterly earnings announcement on Monday, March 2nd 2020. View Earnings Estimates for Ameresco.

Ameresco will be holding an earnings conference call on Monday, March 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 equities research analysts have issued twelve-month price objectives for Ameresco's shares. Their forecasts range from $19.00 to $20.00. On average, they expect Ameresco's share price to reach $19.38 in the next year. This suggests that the stock has a possible downside of 18.0%. View Analyst Price Targets for Ameresco.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.

Headlines about AMRC stock have trended very negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ameresco earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Ameresco.

Ameresco saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,280,000 shares, an increase of 10.3% from the January 15th total of 1,160,000 shares. Based on an average daily trading volume, of 139,700 shares, the days-to-cover ratio is presently 9.2 days. Currently, 6.7% of the shares of the stock are sold short. View Ameresco's Current Options Chain.

Some companies that are related to Ameresco include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Argan (AGX), Aegion (AEGN), Great Lakes Dredge & Dock (GLDD) and Tutor Perini (TPC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), EnerNOC (ENOC), Applied Materials (AMAT), Ambarella (AMBA), Inseego (INSG), Netflix (NFLX), Ford Motor (F), Century Aluminum (CENX) and Corbus Pharmaceuticals (CRBP).

Ameresco's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Royce & Associates LP (2.98%), Gagnon Securities LLC (1.93%), Handelsbanken Fonder AB (1.37%), Walthausen & Co. LLC (1.14%), State Street Corp (0.91%) and Geode Capital Management LLC (0.56%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, Jennifer L Miller, Joseph P Demanche, Joseph W Sutton, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos 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 Goldman Sachs Group Inc., State of New Jersey Common Pension Fund D, Panagora Asset Management Inc., Franklin Resources Inc., California Public Employees Retirement System, AQR Capital Management LLC, New York State Common Retirement Fund and TIAA FSB. Company insiders that have sold Ameresco company stock in the last year include David Anderson, David J Corrsin, Douglas I Foy, George P Sakellaris and Joseph W Sutton. View Insider Buying and Selling for Ameresco.

AMRC stock was bought by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Heartland Advisors Inc., Royce & Associates LP, Bank of New York Mellon Corp, Sage Rhino Capital LLC, Clean Yield Group, Handelsbanken Fonder AB and State Street Corp. Company insiders that have bought Ameresco stock in the last two years include Jennifer L Miller, Nickolas Stavropoulos and Thomas S Murley. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of AMRC stock can currently be purchased for approximately $23.62.

Ameresco has a market capitalization of $1.11 billion 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.View Additional Information About Ameresco.

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

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]