Ameresco (NYSE:AMRC) Releases FY 2026 Earnings Guidance

Ameresco (NYSE:AMRC) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 1.150-1.350 for the period, compared to the consensus earnings per share estimate of 1.090. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Ameresco in a research note on Tuesday. Weiss Ratings cut Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 11th. Robert W. Baird cut their price target on Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 5th. Canaccord Genuity Group increased their price target on shares of Ameresco from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Guggenheim assumed coverage on shares of Ameresco in a research note on Friday, May 22nd. They issued a “neutral” rating on the stock. Eight research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $42.89.

Ameresco Stock Up 0.8%

AMRC stock opened at $28.17 on Wednesday. The stock has a market capitalization of $1.49 billion, a PE ratio of 48.57, a price-to-earnings-growth ratio of 1.84 and a beta of 2.62. The company has a fifty day moving average of $26.70 and a 200-day moving average of $28.34. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.48 and a current ratio of 1.49. Ameresco has a one year low of $18.38 and a one year high of $44.93.

Ameresco (NYSE:AMRC) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $515.46 million for the quarter, compared to analyst estimates of $465.18 million. Ameresco had a net margin of 1.40% and a return on equity of 2.97%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.27 earnings per share. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. As a group, analysts expect that Ameresco will post 1.13 EPS for the current year.

Insiders Place Their Bets

In other news, Director Jennifer L. Miller sold 10,000 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $32.27, for a total transaction of $322,700.00. Following the completion of the transaction, the director directly owned 22,111 shares of the company’s stock, valued at approximately $713,521.97. This represents a 31.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nickolas Stavropoulos sold 1,355 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $34.00, for a total value of $46,070.00. Following the completion of the sale, the director directly owned 14,111 shares of the company’s stock, valued at $479,774. This represents a 8.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 26,355 shares of company stock worth $852,270. Company insiders own 45.10% of the company’s stock.

Hedge Funds Weigh In On Ameresco

Large investors have recently made changes to their positions in the stock. AQR Capital Management LLC purchased a new stake in Ameresco during the first quarter worth about $820,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Ameresco by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,477 shares of the utilities provider’s stock valued at $513,000 after buying an additional 884 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Ameresco by 23.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 222,433 shares of the utilities provider’s stock valued at $2,687,000 after acquiring an additional 42,499 shares during the period. Empowered Funds LLC acquired a new stake in shares of Ameresco during the 1st quarter valued at approximately $1,187,000. Finally, Creative Planning purchased a new stake in shares of Ameresco during the 2nd quarter worth approximately $153,000. Hedge funds and other institutional investors own 99.24% of the company’s stock.

Ameresco Company Profile

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.