Ameresco, Inc. (AMRC)

NYSE: AMRC · IEX Real-Time Price · USD
48.68 -2.42 (-4.74%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap2.51B
Revenue (ttm)1.11B
Net Income (ttm)65.74M
Shares Out51.56M
EPS (ttm)1.28
PE Ratio38.06
Forward PE47.85
Dividendn/a
Ex-Dividend Daten/a
Volume519,338
Open50.23
Previous Close51.10
Day's Range48.66 - 52.80
52-Week Range37.70 - 101.86
Beta0.57
AnalystsBuy
Price Target85.77 (+76.2%)
Earnings Daten/a

About AMRC

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...

IndustryConstruction & Engineering
IPO DateJul 22, 2010
CEOGeorge Sakellaris
Employees1,000
Stock ExchangeNYSE
Ticker SymbolAMRC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for Ameresco stock is "Buy." The 12-month stock price forecast is 85.77, which is an increase of 76.19% from the latest price.

Price Target
$85.77
(76.19% upside)
Analyst Consensus: Buy

News

Ameresco Secures 10-MW Slemon Park Microgrid Project

Ameresco Inc (NYSE: AMRC) has secured the Slemon Park Microgrid project, which it will develop in collaboration with Prince Edward Island (PEI) Energy Corporation. Financial terms were not disclosed.

1 day ago - Benzinga

Ameresco Awarded 10-MW Slemon Park Microgrid Project

FRAMINGHAM, Mass. & SUMMERSIDE, Prince Edward Island--(BUSINESS WIRE)-- #carbonreduction--Ameresco awarded 10-MW Slemon Park Microgrid project.

1 day ago - Business Wire

Fretting Over Market Volatility? Bet on These 4 Low-Beta Stocks

It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. AMN Healthcare (AMN), Vista Outdoor (VSTO), Sensus Healthcare (SRTS) and Ameresco (AMRC) are well poised to gain.

Other symbols:AMNSRTSVSTO
2 weeks ago - Zacks Investment Research

TTE or AMRC: Which Is the Better Value Stock Right Now?

TTE vs. AMRC: Which Stock Is the Better Value Option?

Other symbols:TTE
3 weeks ago - Zacks Investment Research

3 Renewable Stocks Set to Continue Their Winning Streak in 2022

With the initial catastrophic impact of the pandemic projected to mellow down next year, we expect a solid growth trajectory for the renewable energy sector in 2022. You may buy EVRG, AMRC and TPL.

Other symbols:EVRGTPL
3 weeks ago - Zacks Investment Research

All You Need to Know About Ameresco (AMRC) Rating Upgrade to Strong Buy

Ameresco (AMRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

3 weeks ago - Zacks Investment Research

5 Clean-Energy Stocks to Watch Amid US Renewables Revolution

Renewable energy sources generated a record 834 billion kWh of electricity in 2020, thereby surpassing both nuclear and coal for the first time on record. You may keep an eye on ENPH, FSLR, EVRG, CHK & ...

Other symbols:CHKENPHEVRGFSLR
4 weeks ago - Zacks Investment Research

3 Alternative Energy Stocks to Buy Amid Insufficient H2 Investment

Favorable government policies, declining input price and an expanding electric vehicles market boost the U.S. alternative energy industry's prospects, amid lack of investment in the hydrogen market. You...

Other symbols:CHKEVRG
4 weeks ago - Zacks Investment Research

Nicole Bulgarino Named Honoree on the 2021 Environment + Energy Leader 100 List

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

1 month ago - Business Wire

Ameresco Recognized on List of Best and Brightest Companies to Work For in the Nation

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #bestandbrightestcompanies--Ameresco recognized on list of Best and Brightest Companies to Work For in the Nation.

1 month ago - Business Wire

Is Now the Time to Invest in RNG?

Renewable natural gas, or RNG, is a clean and affordable fuel that can turn trash to treasure. This alternative fuel can power natural gas vehicles and light and heat homes and businesses.

Other symbols:ACESAYBPCVXLFGLNG
1 month ago - GuruFocus

Ameresco Announces Energy Conservation Project Partnership with Merthyr Tydfil Council

FRAMINGHAM, Mass. & MERTHYR TYDFIL, Wales--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces energy conservation project partnership with Merthyr Tydfil Council.

1 month ago - Business Wire

Innovation. Action. Integrity.

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today released its 2021 Enviro...

1 month ago - Business Wire

Sustainability-Focused Executive Order Positions Federal Government for Advancement in Clean Energy Initiatives

FRAMINGHAM, Mass--(BUSINESS WIRE)-- #carbonreduction--Sustainability-focused Executive Order positions Federal Government for advancement in clean energy initiatives.

1 month ago - Business Wire

Ameresco Selected as 2021 S&P Global Platts Global Energy Awards Finalist in Multiple Categories

FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)-- #carbonreduction--Ameresco selected as 2021 S&P Global Platts Global Energy Awards Finalist in multiple categories.

1 month ago - Business Wire

Ameresco Announces Completion of Energy Conservation Project with Hazelwood School District

FRAMINGHAM, Mass. & ST. LOUIS--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces completion of energy conservation project with Hazelwood School District.

1 month ago - Business Wire

Ameresco Acquires Plug Smart For Undisclosed Sum

Ameresco Inc (NYSE: AMRC) acquired Plug Smart, an Ohio-based energy services company, expanding its existing pipeline and solution offerings in the smart buildings sector. Financial terms were not discl...

1 month ago - Benzinga

FlexGen Selected by Ameresco to Integrate 2.1GWh of Energy Storage for Southern California

DURHAM, N.C., Dec. 7, 2021 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading battery energy storage solution and software technology provider, is announcing today that...

1 month ago - PRNewsWire

Ameresco Announces Acquisition of Plug Smart, Expanding Smart Buildings and Controls Expertise

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces acquisition of Plug Smart, expanding smart buildings and controls expertise.

1 month ago - Business Wire

Ameresco Receives U.S. Energy Storage Association's Brad Roberts Outstanding Industry Achievement by a Member Organiz...

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #bess--Ameresco receives U.S. Energy Storage Association's Brad Roberts Outstanding Industry Achievement by a Member Organization Award.

1 month ago - Business Wire

Oakwood School District Partners with Ameresco on Facility Addition

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

1 month ago - Business Wire

Ameresco (AMRC) Upgraded to Strong Buy: What Does It Mean for the Stock?

Ameresco (AMRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

2 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for November 19th

AOSL, FLGT, AMRC, and SAIA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 19, 2021.

Other symbols:AOSLFLGTSAIA
2 months ago - Zacks Investment Research

Ameresco Inks 15-Year Partnership With Kauai Beach Resort

Ameresco Inc (NYSE: AMRC) entered into a 15-year Energy as a Service (EaaS) agreement with Kauai Beach Resort for a $15.5 million energy efficiency renovation project. The partnership allows the 25-acre...

2 months ago - Benzinga

Kauai Beach Resort Secures Energy as a Service (EaaS) Agreement with Ameresco

FRAMINGHAM, Mass. & KAUAI, Hawaii--(BUSINESS WIRE)-- #carbonreduction--Kauai Beach Resort partners with cleantech integrator, for a 15-year $15.5 million energy efficiency renovation project.

2 months ago - Business Wire