Ameresco (NYSE:AMRC) Releases FY 2026 Earnings Guidance

Ameresco (NYSE:AMRC) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.100-1.350 for the period, compared to the consensus estimate of 1.060. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.0 billion.

Ameresco Trading Down 10.2%

Ameresco stock opened at $27.80 on Wednesday. The stock has a 50-day moving average price of $31.40 and a 200 day moving average price of $32.28. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 33.49, a price-to-earnings-growth ratio of 1.07 and a beta of 2.53. Ameresco has a 52 week low of $8.49 and a 52 week high of $44.93. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.57.

Ameresco (NYSE:AMRC) last issued its quarterly earnings results on Monday, March 2nd. The utilities provider reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.07. Ameresco had a net margin of 2.29% and a return on equity of 4.55%. The company had revenue of $581.03 million for the quarter, compared to the consensus estimate of $556.09 million. During the same quarter in the prior year, the company earned $0.88 EPS. Ameresco’s quarterly revenue was up 9.1% on a year-over-year basis. Sell-side analysts anticipate that Ameresco will post 1.15 EPS for the current year.

Wall Street Analysts Forecast Growth

AMRC has been the subject of several recent research reports. UBS Group raised their target price on shares of Ameresco from $23.00 to $40.00 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. William Blair raised Ameresco to a “hold” rating in a research report on Tuesday, January 27th. Cantor Fitzgerald assumed coverage on Ameresco in a report on Friday, January 23rd. They issued an “overweight” rating and a $41.00 price objective for the company. Canaccord Genuity Group upped their target price on Ameresco from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Roth Mkm reiterated a “buy” rating on shares of Ameresco in a research report on Wednesday, December 3rd. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $39.90.

Insider Buying and Selling at Ameresco

In related news, Director Nickolas Stavropoulos sold 15,700 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $34.15, for a total value of $536,155.00. Following the completion of the transaction, the director owned 14,111 shares of the company’s stock, valued at approximately $481,890.65. This represents a 52.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 16,645 shares of company stock valued at $568,297. 44.96% of the stock is owned by insiders.

Institutional Investors Weigh In On Ameresco

Large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Ameresco by 2.4% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,501 shares of the utilities provider’s stock worth $1,159,000 after purchasing an additional 799 shares in the last quarter. State of Wyoming acquired a new stake in Ameresco during the 4th quarter worth $27,000. Swiss National Bank grew its holdings in shares of Ameresco by 1.6% during the third quarter. Swiss National Bank now owns 63,800 shares of the utilities provider’s stock worth $2,142,000 after buying an additional 1,000 shares in the last quarter. Creative Planning grew its holdings in shares of Ameresco by 10.7% during the third quarter. Creative Planning now owns 11,115 shares of the utilities provider’s stock worth $373,000 after buying an additional 1,070 shares in the last quarter. Finally, Amundi raised its position in shares of Ameresco by 2.8% in the fourth quarter. Amundi now owns 51,576 shares of the utilities provider’s stock valued at $1,511,000 after buying an additional 1,413 shares during the last quarter. 99.24% of the stock is currently owned by hedge funds and other institutional investors.

About Ameresco

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.