Ameresco, Inc. (AMRC)

NYSE: AMRC · IEX Real-Time Price · USD
26.90
+0.90 (3.46%)
Jul 2, 2024, 4:00 PM EDT - Market closed
3.46%
Market Cap 1.41B
Revenue (ttm) 1.40B
Net Income (ttm) 58.43M
Shares Out 52.34M
EPS (ttm) 1.09
PE Ratio 24.68
Forward PE 16.25
Dividend n/a
Ex-Dividend Date n/a
Volume 543,821
Open 26.00
Previous Close 26.00
Day's Range 25.77 - 26.99
52-Week Range 17.55 - 63.19
Beta 1.78
Analysts Strong Buy
Price Target 39.50 (+46.84%)
Earnings Date Jul 29, 2024

About AMRC

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. It designs, develops, engineers, and installs projects that reduce the ener... [Read more]

Sector Industrials
IPO Date Jul 22, 2010
Employees 1,503
Stock Exchange NYSE
Ticker Symbol AMRC
Full Company Profile

Financial Performance

In 2023, Ameresco's revenue was $1.37 billion, a decrease of -24.65% compared to the previous year's $1.82 billion. Earnings were $62.47 million, a decrease of -34.19%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for AMRC stock is "Strong Buy." The 12-month stock price forecast is $39.5, which is an increase of 46.84% from the latest price.

Price Target
$39.5
(46.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ameresco Strengthens Balance Sheet With Debt Financing From Nuveen

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has successfully secure...

1 day ago - Business Wire

Ameresco and U.S. Army Unveil Advanced Renewable Energy System at Fort Detrick

FRAMINGHAM, Mass. & FREDERICK, Md.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the newly comp...

14 days ago - Business Wire

Ameresco Honored as Gold Stevie® Award Winner in 2024 American Business Awards® for Company of the Year – Energy

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, was today named the winner of a Gold Stevie® Aw...

26 days ago - Business Wire

Ameresco to Participate at Upcoming Conferences

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that members of its management te...

4 weeks ago - Business Wire

Ameresco Honored with SEAL Environmental Initiatives Award for Kūpono Solar Project in Hawaii

FRAMINGHAM, Mass. & O'AHU, Hawaii--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its Kūpono Sola...

4 weeks ago - Business Wire

Ameresco Construction Underway for a $33 Million Energy Project to Reduce Emissions while Modernizing Infrastructure at Key U.S. National Archives and Records Administration Sites

FRAMINGHAM, Mass. & COLLEGE PARK, Md.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that constr...

5 weeks ago - Business Wire

Ameresco Entered into a $249M (196.5 million GBP) Contract and Long-Term Service (O&M) Agreement with Atlantic Green for One of the UK's Largest Battery Energy Storage Projects

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that Ameresco and Envision Ener...

5 weeks ago - Business Wire

Ameresco Awarded $21 Million Contract to Illuminate Henderson's Streets with State-of-the-Art LED Technology

FRAMINGHAM, Mass. & HENDERSON, Nev.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its collabora...

6 weeks ago - Business Wire

Ameresco Reports First Quarter 2024 Financial Results

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced financial results for the fiscal ...

2 months ago - Business Wire

Ameresco's Memphis LED Streetlighting Project Receives 2024 Smart 20 Award for Transformative City Infrastructure

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has received a 2024 Smart 20...

2 months ago - Business Wire

Ameresco Releases 2023 Impact Report on “Doing Well, by Doing Good: People, Planet and Policy”

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the release of its 2023 Impact ...

2 months ago - Business Wire

Ameresco Announces the Installation of Energy-Efficient Solar Arrays in Partnership with Wakefield Municipal Gas & Light

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has today announced the installation of energy-...

2 months ago - Business Wire

Ameresco Awarded Energy Savings Performance Contract to Upgrade Energy Efficiency & Modernize Historic Building in Columbia County, Oregon

FRAMINGHAM, Mass. & HELENS, Ore.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced they have been a...

2 months ago - Business Wire

Ameresco to Announce First Quarter 2024 Financial Results on May 7, 2024

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its first qu...

3 months ago - Business Wire

Ameresco Begins Construction of Biogas Cogeneration Project in Sacramento, California

FRAMINGHAM, Mass. & SACRAMENTO, Calif.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it entered...

3 months ago - Business Wire

Ameresco Announces Completion of Comprehensive Solar Project at Northeastern University

FRAMINGHAM, Mass. & BOSTON--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of its ...

3 months ago - Business Wire

Ameresco and Matchbook Learning Host Groundbreaking Ceremony for State-of-the-Art High School and Vocational Facility

FRAMINGHAM, Mass. & INDIANAPOLIS--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Matchbook Learning Schools o...

3 months ago - Business Wire

Ameresco Announces a Contract for Efficiency Upgrades and Emissions Reductions at a Military Base in Western Canada

FRAMINGHAM, Mass. & EDMONTON, Alberta--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, announced a contract to des...

3 months ago - Business Wire

Public Schools of the Tarrytowns Select Ameresco for Energy Performance Contract

TARRYTOWN, N.Y.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its strategic partnership with th...

4 months ago - Business Wire

Ameresco Reports Fourth Quarter and Full Year 2023 Financial Results

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced financial results for the fiscal ...

4 months ago - Business Wire

Hawaiian Electric Company Announces Ameresco Award to Develop the 'Ūkiu Energy 40MW Renewable Energy Site

FRAMINGHAM, Mass. & KAHULUI, Hawaii--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its award fro...

4 months ago - Business Wire

Ameresco Begins Operations of 5.2 MWe Renewable Natural Gas Plant at Republic Services' Brickyard Landfill

FRAMINGHAM, Mass. & DANVILLE, Ill.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it achiev...

4 months ago - Business Wire

Ameresco Completes OUTRIGGER Kauai Beach Resort & Spa's Energy Efficiency Renovation as Part of 15-yr EaaS Agreement

FRAMINGHAM, Mass. & KAUAI, Hawaii--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion ...

4 months ago - Business Wire

Ameresco to Announce Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its fourth q...

5 months ago - Business Wire

Ameresco Provides Updates on Southern California Edison Company (SCE) Projects and Financing Initiatives

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that two of the three SCE sites...

5 months ago - Business Wire