Ameresco (NYSE:AMRC) Updates FY 2026 Earnings Guidance

Ameresco (NYSE:AMRC) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS 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.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Guggenheim initiated coverage on shares of Ameresco in a research note on Friday, May 22nd. They set a “neutral” rating on the stock. Cantor Fitzgerald upped their target price on shares of Ameresco from $41.00 to $45.00 and gave the company an “overweight” rating in a research note on Tuesday, May 19th. Canaccord Genuity Group increased their target price on shares of Ameresco from $50.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Zacks Research raised shares of Ameresco from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 3rd. Finally, Weiss Ratings cut shares of Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 11th. Seven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $42.56.

Ameresco Stock Up 8.3%

AMRC traded up $1.76 during trading on Monday, reaching $22.83. The company had a trading volume of 929,874 shares, compared to its average volume of 558,790. The company has a market cap of $1.21 billion, a P/E ratio of 39.36, a PEG ratio of 1.70 and a beta of 2.60. Ameresco has a 12 month low of $15.90 and a 12 month high of $44.93. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.49 and a quick ratio of 1.48. The business’s fifty day moving average price is $27.04 and its 200 day moving average price is $28.43.

Ameresco (NYSE:AMRC) last issued its quarterly earnings data on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Ameresco had a net margin of 1.59% and a return on equity of 3.33%. The business had revenue of $515.46 million for the quarter, compared to analyst estimates of $465.18 million. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Equities analysts anticipate that Ameresco will post 1.13 EPS for the current year.

Insider Transactions at Ameresco

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Wellington Management Group LLP raised its holdings in shares of Ameresco by 170.0% in the 3rd quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock valued at $159,021,000 after purchasing an additional 2,981,689 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Ameresco by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,272,601 shares of the utilities provider’s stock worth $37,274,000 after acquiring an additional 34,279 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Ameresco by 503.4% during the 4th quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider’s stock worth $31,240,000 after acquiring an additional 889,820 shares during the last quarter. Redwood Grove Capital LLC raised its stake in Ameresco by 36.0% in the 2nd quarter. Redwood Grove Capital LLC now owns 679,833 shares of the utilities provider’s stock valued at $10,327,000 after acquiring an additional 179,943 shares during the period. Finally, Invesco Ltd. raised its stake in Ameresco by 54.7% in the 3rd quarter. Invesco Ltd. now owns 575,173 shares of the utilities provider’s stock valued at $19,314,000 after acquiring an additional 203,374 shares during the period. 99.24% of the stock is currently owned by institutional investors and hedge funds.

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.