Ameresco, Inc. (AMRC)

NYSE: AMRC · Real-Time Price · USD
18.69
-0.90 (-4.59%)
Feb 21, 2025, 4:00 PM EST - Market closed
-4.59%
Market Cap 980.16M
Revenue (ttm) 1.68B
Net Income (ttm) 53.30M
Shares Out 52.44M
EPS (ttm) 1.00
PE Ratio 18.67
Forward PE 10.93
Dividend n/a
Ex-Dividend Date n/a
Volume 243,194
Open 20.00
Previous Close 19.59
Day's Range 18.61 - 20.22
52-Week Range 17.55 - 39.68
Beta 1.78
Analysts Strong Buy
Price Target 36.88 (+97.33%)
Earnings Date Feb 27, 2025

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 $62.36 million, a decrease of -34.22%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for AMRC stock is "Strong Buy." The 12-month stock price forecast is $36.88, which is an increase of 97.33% from the latest price.

Price Target
$36.88
(97.33% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CRC Innovations and Ameresco Announce Over $200 Million Contract to Promote Energy Savings and Capital Improvements at Three Army Locations

WARWICK, R.I. & FRAMINGHAM, Mass.--(BUSINESS WIRE)--CRC Innovations, an integrated energy and infrastructure solutions pioneer, and Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider de...

1 day ago - Business Wire

Ameresco Awarded New Streetlighting Retrofit Pilot Project for the City of New Orleans

FRAMINGHAM, Mass. & NEW ORLEANS--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the a...

2 days ago - Business Wire

Ameresco Awarded Solar Energy and Resiliency Project at Gagetown Base by the Canadian Department of National Defence (DND)

FRAMINGHAM, Mass. & OROMOCTO, New Brunswick--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, has been ...

8 days ago - Business Wire

Ameresco Upsizes and Extends Corporate Senior Credit Facility

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

24 days ago - Business Wire

Ameresco Wins Silver in Large Company of the Year Category at the 2024 Best in Biz Awards

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

4 weeks ago - Business Wire

Ameresco Partners with North Ayrshire Council to Advance Net-Zero Goals with Solar Farms on Repurposed Landfill Sites

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

4 weeks ago - Business Wire

Ameresco to Announce Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025

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...

4 weeks ago - Business Wire

Ameresco to Deliver Energy Resiliency and Net-Zero Solutions at U.S. General Services Administration's Denver Federal Center

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

5 weeks ago - Business Wire

Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful year end divesti...

6 weeks ago - Business Wire

ICF Acquires Applied Energy Group from Ameresco, Inc.

Accretive Transaction of Leading Energy Technology Provider Expands ICF's Utility and State & Local Government Capabilities Divestiture Allows Ameresco to Focus on Core Projects, Asset and O&M Busines...

Other symbols: ICFI
6 weeks ago - PRNewsWire

Ameresco Supports Ritenour School District in Launching 'Path to Trades' Program to Empower Missouri High School Students

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the Ritenour School District Pa...

2 months ago - Business Wire

Ameresco and City of Edmundston Unveil SOLSTICE Microgrid Project to Reduce City's Carbon Footprint

FRAMINGHAM, Mass. & EDMUNDSTON, New Brunswick--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, announced the launc...

2 months ago - Business Wire

ComEd and Ameresco Complete Community Solar Project at Former Landfill in Belvidere

BELVIDERE, Ill.--(BUSINESS WIRE)-- #Belvidere--ComEd President and CEO Gil Quiniones, Illinois Commerce Commission Chairman Doug Scott, Boone County Board Chairman Karl Johnson and representatives of ...

2 months ago - Business Wire

Ameresco and Republic Services Began Operations of a Renewable Natural Gas Plant at Republic Services' Roxana Landfill, with an Annual Capacity of 1.4M Dekatherms

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

Other symbols: RSG
2 months ago - Business Wire

Ameresco Collaborates with UCI Health to Power the Nation's First All-Electric, Zero-Emission Hospital Campus

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

3 months ago - Business Wire

Ameresco, Inc. (AMRC) Q3 2024 Earnings Call Transcript

Ameresco, Inc. (NYSE:AMRC) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Leila Dillon - SVP, Marketing & Communications George Sakellaris - Chairman, President & C...

3 months ago - Seeking Alpha

Ameresco Reports Third 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 ...

3 months ago - Business Wire

Roseburg Urban Sanitary Authority (RUSA) Partners with Ameresco to Drive Renewable Energy Innovation and Resilience in Wastewater Management

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

4 months ago - Business Wire

Bristol City Leap Wins 2024 Award of Distinction for Public-Private Collaboration in Cities

FRAMINGHAM, Mass. & BRISTOL, England--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, is proud to announce that it...

4 months ago - Business Wire

Ameresco to Revolutionise Stadium Sustainability with Innovative Thin Film PV Solution for London Stadium

FRAMINGHAM, Mass. & LONDON--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specialising in energy efficiency and renewable energy, today announced the award of a contrac...

4 months ago - Business Wire

The U.S. Department of Energy Selected Ameresco's Pu`uloa Microgrid Energy Asset for the Grid Resilience and Innovation Partnerships Program

FRAMINGHAM, Mass. & HONOLULU--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, in partnership with the U.S. Navy an...

4 months ago - Business Wire

Ameresco Earns Frost & Sullivan's 2024 Company of the Year Award for the Energy Services Industry

Ameresco provides cutting-edge, technology-agnostic products and services that support cost savings, decarbonization, and infrastructure upgrades in the energy services market. SAN ANTONIO , Oct. 17, ...

4 months ago - PRNewsWire

Ameresco's Ongoing Partnership with Northeastern University Now Includes a Campus-wide Steam System Replacement Project

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced a new project as part of its on...

4 months ago - Business Wire

Ameresco to Announce Third Quarter 2024 Financial Results on November 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 third qu...

4 months ago - Business Wire

Columbia County Completes Renovations of Historic John Gumm Building, Enhancing Community Resources

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

5 months ago - Business Wire