Ameresco, Inc. (AMRC)

NYSE: AMRC · IEX Real-Time Price · USD
31.72
+1.76 (5.87%)
At close: Dec 1, 2023, 4:00 PM
32.69
+0.97 (3.06%)
After-hours: Dec 1, 2023, 7:06 PM EST
5.87%
Market Cap 1.66B
Revenue (ttm) 1.26B
Net Income (ttm) 46.67M
Shares Out 52.23M
EPS (ttm) 0.88
PE Ratio 36.05
Forward PE 14.26
Dividend n/a
Ex-Dividend Date n/a
Volume 543,036
Open 29.41
Previous Close 29.96
Day's Range 28.66 - 31.75
52-Week Range 18.40 - 68.75
Beta 1.53
Analysts Strong Buy
Price Target 55.82 (+75.98%)
Earnings Date Nov 6, 2023

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. The company operates through U.S. Regions, U.S. Federal, Canada, and Alternative Fuels segments. It 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 energy, as well as operations a... [Read more]

Sector Industrials
IPO Date Jul 22, 2010
Employees 1,200
Stock Exchange NYSE
Ticker Symbol AMRC
Full Company Profile

Financial Performance

In 2022, Ameresco's revenue was $1.82 billion, an increase of 50.07% compared to the previous year's $1.22 billion. Earnings were $94.93 million, an increase of 34.73%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for AMRC stock is "Strong Buy." The 12-month stock price forecast is $55.82, which is an increase of 75.98% from the latest price.

Price Target
$55.82
(75.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

4 days 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...

14 days 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...

27 days ago - Business Wire

Ameresco Reports Third Quarter 2023 Financial Results

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

27 days ago - Business Wire

Ameresco Landfill Gas to Renewable Natural Gas Plant Operations Begin at Republic Services' Benson Valley Landfill

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

6 weeks ago - Business Wire

Ameresco Named Finalists for the 2023 S&P Global Commodity Insights Global Energy Awards

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

6 weeks ago - Business Wire

Ameresco and Schaeffler Aerospace Canada Inc. Announce Collaboration for Clean Cooling, Heating and Air Quality Decarbonization Project

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

7 weeks ago - Business Wire

Ameresco Announces Completion of Infrastructure Redevelopment Project with Barnsley Metropolitan Borough Council

FRAMINGHAM, Mass. & BARNSLEY, U.K.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specialising in energy efficiency and renewable energy, today annou...

7 weeks ago - Business Wire

Ameresco to Announce Third Quarter 2023 Financial Results on November 6, 2023

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce third quarter 2023 financial results on November 6, 2023.

2 months ago - Business Wire

Redflow and Ameresco to deploy microgrid for United States Department of Defense

BRISBANE, Australia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Redflow Limited (ASX: RFX), a global leader in clean energy storage, and Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializin...

2 months ago - GlobeNewsWire

Ameresco Announces Innovative Regional Solar Array Project in Collaboration with City of Craig, Yampa Valley Electric Association, and the Colorado Department of Local Affairs

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

2 months ago - Business Wire

Mountain Regional Water Receives Rocky Mountain Power Blue Sky Grant to Install Floating Solar Technology and Selects Ameresco as Design-Build Partner

FRAMINGHAM, Mass. & PARK CITY, Utah--(BUSINESS WIRE)-- #carbonreduction--Mountain Regional Water receives grant to install floating solar technology and selects Ameresco as design-build partner.

3 months ago - Business Wire

Ameresco Secures $300M Development and Construction Loan and Extends Maturity of Senior Secured Credit Facility Term Loan

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco secures $300M development and construction loan and extends maturity of Senior Secured Credit Facility Term Loan.

3 months ago - Business Wire

Ameresco Named Finalist at the 2023 Energy Awards

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco named finalist at the 2023 Energy Awards.

3 months ago - Business Wire

Ameresco Awarded Generation 4 Contract with The Department of Energy Federal Energy Management Program

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

3 months ago - Business Wire

Ameresco Announces Acquisition of Joint Forces Training Base-Los Alamitos Microgrid Asset

FRAMINGHAM, Mass. & LOS ALAMITOS, Calif.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, ...

4 months ago - Business Wire

Ameresco to Participate at Upcoming Conference

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...

4 months ago - Business Wire

Ameresco Reports Second Quarter 2023 Financial Results

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco reports second quarter 2023 financial results.

4 months ago - Business Wire

Ameresco Awarded Top Project of the Year by Environment + Energy Leader for partnership with Holy Cross Energy and Colorado Mountain College

FRAMINGHAM, Mass. & GLENWOOD SPRINGS, Co.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, toda...

4 months ago - Business Wire

Ameresco and Valmont Industries Announce Completion of Solar Array to Power Concrete Utility Pole Manufacturing Facility

FRAMINGHAM, Mass. & BRISTOL, Ind.--(BUSINESS WIRE)-- #carbonreduction--Ameresco and Valmont Industries announce completion of solar array to power concrete utility pole manufacturing facility.

Other symbols: VMI
5 months ago - Business Wire

Ameresco to Announce Second Quarter 2023 Financial Results on July 31, 2023

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce Second Quarter 2023 Financial Results on July 31, 2023.

5 months ago - Business Wire

Ameresco Announces Groundbreaking Battery Energy Storage Asset Contract with United Power

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces groundbreaking Battery Energy Storage Asset Contract with United Power.

5 months ago - Business Wire

Ameresco Secures Four Battery Energy Storage Design/Build Project Contracts Totaling 379MWH with Middle River Power at California Gas Power Plants

FRAMINGHAM, Mass. & CHICAGO--(BUSINESS WIRE)-- #carbonreduction--Ameresco secures four battery energy storage design/build project contracts totaling 379MWH with Middle River Power at California gas p...

5 months ago - Business Wire

Anaergia Announces Appointment of Andrew Spence as Chief Financial Officer

BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) today announced the appointment of Andrew Spence as Chief Financial Officer (CFO) effective June 12, 2023....

Other symbols: BP
6 months ago - Business Wire

Ameresco and Atura Power JV Selected to Build 250MW/1,000MWh Battery Energy Storage System

FRAMINGHAM, Mass. & GREATER NAPANEE, Ontario--(BUSINESS WIRE)-- #carbonreduction--Ameresco and Atura Power JV selected to build 250MW/1,000MWh battery energy storage system.

6 months ago - Business Wire