Ameresco, Inc. (AMRC)

NYSE: AMRC · IEX Real-Time Price · USD
66.88
-0.76 (-1.12%)
Dec 5, 2022 4:00 PM EST - Market closed
-1.12%
Market Cap 3.51B
Revenue (ttm) 1.91B
Net Income (ttm) 105.20M
Shares Out 51.87M
EPS (ttm) 2.16
PE Ratio 30.96
Forward PE 31.35
Dividend n/a
Ex-Dividend Date n/a
Volume 225,578
Open 67.16
Previous Close 67.64
Day's Range 66.12 - 68.39
52-Week Range 40.73 - 87.32
Beta 1.03
Analysts Buy
Price Target 72.97 (+9.1%)
Earnings Date Nov 1, 2022

About AMRC

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, and internationally. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. 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 ... [Read more]

Industry Construction & Engineering
IPO Date Jul 22, 2010
CEO George Sakellaris
Employees 1,272
Stock Exchange NYSE
Ticker Symbol AMRC
Full Company Profile

Financial Performance

In 2021, Ameresco's revenue was $1.22 billion, an increase of 17.77% compared to the previous year's $1.03 billion. Earnings were $70.46 million, an increase of 30.35%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for AMRC stock is "Buy." The 12-month stock price forecast is 72.97, which is an increase of 9.11% from the latest price.

Price Target
$72.97
(9.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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

Other symbols: CWEN
4 hours ago - Zacks Investment Research

Ameresco Announces the Acquisition of Wind Farm in West County Cork, Ireland

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

2 weeks ago - Business Wire

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

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

Other symbols: CWEN
2 weeks ago - Zacks Investment Research

Ameresco Appoints Lenka Patten as Senior Vice President and Chief Human Resources Officer

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

3 weeks ago - Business Wire

Ameresco to Participate at Upcoming Investor Conferences

FRAMINGHAM, Mass.

1 month ago - Business Wire

Ameresco (AMRC) Beats Q3 Earnings and Revenue Estimates

Ameresco (AMRC) delivered earnings and revenue surprises of 14.89% and 5.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Ameresco Reports Third Quarter 2022 Financial Results

FRAMINGHAM, Mass.

1 month ago - Business Wire

Ameresco (AMRC) Earnings Expected to Grow: Should You Buy?

Ameresco (AMRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Ameresco to Host RNG Plant Tour in Phoenix, AZ on November 15, 2022

FRAMINGHAM, Mass.

1 month ago - Business Wire

Ameresco to Announce Third Quarter 2022 Financial Results on November 1, 2022

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce third quarter 2022 financial results on November 1, 2022.

2 months ago - Business Wire

The 7 Best Green Energy Stocks to Buy in October

Investors, including those who own green energy stocks, have myriad reasons to be bearish currently. Inflation remains high, with the year-over-year CPI registering 8.3% in August.

Other symbols: ALBBEPCWENNEEONORA
2 months ago - InvestorPlace

Ameresco to Participate at Upcoming Conference

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to participate at upcoming conference.

2 months ago - Business Wire

Taylor Farms Taps Bloom Energy, Ameresco and Concept Clean Energy to Take California Fresh Vegetable Production Facil...

SAN JOSE, Calif.--(BUSINESS WIRE)--Taylor Farms, North America's largest producer of healthy fresh foods, has partnered with Bloom Energy (NYSE: BE), Ameresco, Inc. (NYSE: AMRC) and Concept Clean Energy...

Other symbols: BE
2 months ago - Business Wire

New Solar Array and Battery Storage Complex at CMC Spring Valley the Largest of its Kind in the State

FRAMINGHAM, Mass. & GLENWOOD SPRINGS, Colo.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Colorado Mountain College and Holy Cross Energy partnered to install 5MW of solar PV and 15MWH battery energy s...

2 months ago - Business Wire

Ameresco Earns Certification As A Great Place to Work®

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco earns certification as a Great Place to Work®

2 months ago - Business Wire

Joint Base McGuire-Dix-Lakehurst Partners with Ameresco for Resilient, Secure and Sustainable Cleantech Project

FRAMINGHAM, Mass. & TRENTON, N.J.--(BUSINESS WIRE)-- #carbonreduction--Joint Base McGuire-Dix-Lakehurst partners with Ameresco for resilient, secure and sustainable cleantech project

2 months ago - Business Wire

Ameresco Completes “Brightfield” Solar Project on Former Brownfield Site in Illinois

FRAMINGHAM, Mass. & DANVILLE, Ill.--(BUSINESS WIRE)-- #carbonreduction--Ameresco completes “Brightfield” solar project on former brownfield site in Illinois.

3 months ago - Business Wire

HSGS-Ameresco Awarded Microgrid Project with White Sands Missile Range

FRAMINGHAM, Mass. & WHITE SANDS, N.M.--(BUSINESS WIRE)-- #carbonreduction--HSGS-Ameresco awarded microgrid project with White Sands Missile Range.

3 months ago - Business Wire

DINO vs. AMRC: Which Stock Should Value Investors Buy Now?

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

Other symbols: DINO
3 months ago - Zacks Investment Research

Renewable Energy IPO Nears Breakout On 114% Growth

Boosted by 114% sales growth and a sweeping renewable energy bill, 2021 IPO Montauk Renewables powers new buy point.   The post Renewable Energy IPO Nears Breakout On 114% Growth appeared first on Inves...

Other symbols: ACAKENMNTKNEP
3 months ago - Investors Business Daily

Cero Generation Selects Ameresco and Sunel as Partners on 100MWp Delfini Solar Project

FRAMINGHAM, Mass. & ATHENS, Greece--(BUSINESS WIRE)-- #carbonreduction--Cero Generation selects Ameresco and Sunel as partners on 100MWp Delfini Solar Project.

3 months ago - Business Wire

Ameresco to Participate at Upcoming Conferences

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to participate at upcoming conferences.

4 months ago - Business Wire

Climate Smart Buildings Initiative Positions Federal Government for Clean Energy Transformation Through Energy Saving...

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Climate Smart Buildings Initiative positions Federal Government for clean energy transformation through Energy Savings Performance Contracts.

4 months ago - Business Wire

Ameresco (AMRC) Q2 Earnings and Revenues Beat Estimates

Ameresco (AMRC) delivered earnings and revenue surprises of 37.78% and 8.26%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research