Ameresco, Inc. (AMRC)

NYSE: AMRC · IEX Real-Time Price · USD
20.98
-0.31 (-1.46%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-1.46%
Market Cap 1.10B
Revenue (ttm) 1.37B
Net Income (ttm) 62.47M
Shares Out 52.33M
EPS (ttm) 1.17
PE Ratio 17.93
Forward PE 14.75
Dividend n/a
Ex-Dividend Date n/a
Volume 314,740
Open 20.88
Previous Close 21.29
Day's Range 19.98 - 21.04
52-Week Range 17.55 - 63.19
Beta 1.58
Analysts Strong Buy
Price Target 48.36 (+130.51%)
Earnings Date May 7, 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 14 analysts, the average rating for AMRC stock is "Strong Buy." The 12-month stock price forecast is $48.36, which is an increase of 130.51% from the latest price.

Price Target
$48.36
(130.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

19 hours 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 ...

19 hours 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-...

1 day 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...

7 days 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...

16 days 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...

17 days 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 ...

22 days 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...

5 weeks 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...

6 weeks 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...

7 weeks 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 ...

2 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...

2 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...

2 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 ...

2 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...

3 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...

3 months ago - Business Wire

Ameresco Awarded Contract from Warren Woods Public Schools for Transformative Sustainability Infrastructure Project

FRAMINGHAM, Mass. & WARREN, Mich.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy announces they...

3 months ago - Business Wire

Ameresco Announces Completion of 27-Megawatt Solar Farm in Village of DePue, IL

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

3 months ago - Business Wire

Ameresco Receives Silver Award in 2024 Globee Awards For American Business

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

3 months ago - Business Wire

Ameresco wins Large Company of the Year Gold Award at the 2023 Best in Biz Awards

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

4 months ago - Business Wire

Hawaiian Electric Company Announces Ameresco Award for Two Clean Energy Projects Totaling 111 MW

FRAMINGHAM, Mass. & O'AHU, Hawaii--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy resiliency, today announced that it has ...

4 months ago - Business Wire

Ameresco Begins Construction with Sunel on Sonnedix's 300MW of Design-Build Solar Park Projects Across the UK

FRAMINGHAM, Mass. & LONDON--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Sunel Group, an ...

5 months ago - Business Wire

HSGS-Ameresco LLC Awarded Contract to Construct 6.25MW Solar Generation Plant at Military Ocean Terminal Concord

FRAMINGHAM, Mass. & CONCORD, Calif.--(BUSINESS WIRE)-- #carbonreduction--HSGS-Ameresco, LLC, a joint venture certified as a Service-Disabled Veteran Owned Small Business by the Small Business Administ...

5 months ago - Business Wire

Ameresco Announces Battery Energy Storage System Contract with Silicon Valley Power

FRAMINGHAM, Mass. & SANTA CLARA, Calif.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has an...

5 months ago - Business Wire

Ameresco to Participate at Upcoming Conferences

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

6 months ago - Business Wire