NYSE:AMRC

Ameresco Stock Forecast, Price & News

$62.15
-0.88 (-1.40 %)
(As of 06/23/2021 01:19 PM ET)
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Today's Range
$61.58
$63.29
50-Day Range
$46.19
$63.76
52-Week Range
$23.95
$70.25
Volume3,233 shs
Average Volume508,595 shs
Market Capitalization$3.19 billion
P/E Ratio52.23
Dividend YieldN/A
Beta0.46
30 days | 90 days | 365 days | Advanced Chart
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Ameresco logo

About Ameresco

Ameresco, Inc. provides comprehensive energy services for businesses and organizations in the United States, Canada, and internationally. 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 integrated- photovoltaic (PV) and consulting, and enterprise energy management services; sells solar PV energy products and systems; and owns and operates a wind power project located in Ireland. It serves federal, state, and local governments, as well as healthcare and educational institutions, airports, public housing authorities and public universities, and commercial and industrial customers. As of December 31, 2020, the company owned and operated 130 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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MarketRank

Overall MarketRank

1.59 out of 5 stars

Oils/Energy Sector

121st out of 689 stocks

Construction - Special Trade Contractors Industry

3rd out of 24 stocks

Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Ameresco (NYSE:AMRC) Frequently Asked Questions

Is Ameresco a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ameresco stock.
View analyst ratings for Ameresco
or view top-rated stocks.

What stocks does MarketBeat like better than Ameresco?

Wall Street analysts have given Ameresco a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ameresco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Ameresco?

Ameresco saw a decrease in short interest in May. As of May 28th, there was short interest totaling 1,290,000 shares, a decrease of 18.4% from the May 13th total of 1,580,000 shares. Based on an average daily volume of 457,900 shares, the short-interest ratio is currently 2.8 days. Approximately 4.5% of the shares of the company are short sold.
View Ameresco's Short Interest
.

When is Ameresco's next earnings date?

Ameresco is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Ameresco
.

How were Ameresco's earnings last quarter?

Ameresco, Inc. (NYSE:AMRC) announced its earnings results on Monday, May, 3rd. The utilities provider reported $0.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.15. The utilities provider earned $252.20 million during the quarter, compared to the consensus estimate of $202.52 million. Ameresco had a net margin of 5.51% and a trailing twelve-month return on equity of 12.44%.
View Ameresco's earnings history
.

How has Ameresco's stock been impacted by Coronavirus (COVID-19)?

Ameresco's stock was trading at $18.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMRC stock has increased by 234.1% and is now trading at $62.15.
View which stocks have been most impacted by COVID-19
.

What guidance has Ameresco issued on next quarter's earnings?

Ameresco updated its FY 2021 earnings guidance on Tuesday, May, 25th. The company provided EPS guidance of 1.220-1.300 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.200. The company issued revenue guidance of $1.11 billion-$1.16 billion, compared to the consensus revenue estimate of $1.12 billion.

What price target have analysts set for AMRC?

10 Wall Street analysts have issued 1 year price targets for Ameresco's shares. Their forecasts range from $31.00 to $82.00. On average, they expect Ameresco's share price to reach $60.00 in the next year. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Ameresco
or view top-rated stocks among Wall Street analysts.

Who are Ameresco's key executives?

Ameresco's management team includes the following people:
  • Mr. George P. Sakellaris, Founder, Chairman, CEO & Pres (Age 74, Pay $1.47M)
  • Mr. Spencer Doran Hole, Sr. VP & CFO (Age 52, Pay $483.89k)
  • Mr. David J. Corrsin, Exec. VP, Gen. Counsel, Sec. & Director (Age 62, Pay $452.51k)
  • Mr. Michael T. Bakas, Exec. VP of Distributed Energy Systems (Age 52, Pay $484.06k)
  • Mr. David J. Anderson, Exec. VP & Director (Age 60)
  • Ms. Nicole Allen Bulgarino, Exec. VP & GM of Federal Solutions (Age 48, Pay $531.38k)
  • Ms. Lauren Todd, Sr. VP of HR & Operations
  • Mr. Mark A. Chiplock, VP of Fin. & Chief Accounting Officer (Age 51)
  • Ms. Leila Dillon, Sr. VP of Marketing & Communications
  • Mr. Louis P. Maltezos, Exec. VP (Age 54)

What is George Sakellaris' approval rating as Ameresco's CEO?

27 employees have rated Ameresco CEO George Sakellaris on Glassdoor.com. George Sakellaris has an approval rating of 89% among Ameresco's employees.

Who are some of Ameresco's key competitors?

What other stocks do shareholders of Ameresco own?

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).

What is Ameresco's stock symbol?

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

Who are Ameresco's major shareholders?

Ameresco's stock is owned by many different retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (4.83%), BlackRock Inc. (4.02%), Dimensional Fund Advisors LP (2.27%), Royal Bank of Canada (1.42%), Stephens Investment Management Group LLC (1.31%) and Price T Rowe Associates Inc. MD (1.15%). 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 W Sutton, Mark Chiplock, Michael T Bakas, Nicole E Bulgarino, Spencer Doran Hole 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 Dimensional Fund Advisors LP, Bandera Partners LLC, Gagnon Securities LLC, Gagnon Advisors LLC, Citigroup Inc., Barclays PLC, Northern Trust Corp, and Credit Suisse AG. 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, Mark Chiplock, Michael T Bakas, Nicole E Bulgarino, Spencer Doran Hole, and Thomas S Murley.
View insider buying and selling activity for Ameresco
or view top insider-selling stocks.

Which major investors are buying Ameresco stock?

AMRC stock was bought by a variety of institutional investors in the last quarter, including Stephens Investment Management Group LLC, Standard Life Aberdeen plc, Handelsbanken Fonder AB, Grantham Mayo Van Otterloo & Co. LLC, BlackRock Inc., UBS Asset Management Americas Inc., Morgan Stanley, and Emerald Mutual Fund Advisers Trust.
View insider buying and selling activity for Ameresco
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ameresco's stock price today?

One share of AMRC stock can currently be purchased for approximately $62.15.

How much money does Ameresco make?

Ameresco has a market capitalization of $3.19 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.

How many employees does Ameresco have?

Ameresco employs 1,141 workers across the globe.

What is Ameresco's official website?

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

Where are Ameresco's headquarters?

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

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]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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