Ameresco (NYSE:AMRC) Issues FY 2026 Earnings Guidance

Ameresco (NYSE:AMRC) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.150-1.350 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Cantor Fitzgerald boosted their price target on shares of Ameresco from $41.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, May 19th. Guggenheim started coverage on Ameresco in a research note on Friday, May 22nd. They issued a “neutral” rating on the stock. Robert W. Baird decreased their price target on Ameresco from $44.00 to $36.00 and set an “outperform” rating for the company in a research report on Tuesday, May 5th. Weiss Ratings lowered Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, June 11th. Finally, Zacks Research raised Ameresco from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 3rd. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $42.56.

Ameresco Stock Performance

Shares of AMRC stock traded up $1.76 during trading hours on Monday, hitting $22.83. 939,490 shares of the company were exchanged, compared to its average volume of 559,195. The firm has a fifty day simple moving average of $27.04 and a 200 day simple moving average of $28.43. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 1.64. Ameresco has a 52-week low of $15.90 and a 52-week high of $44.93. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 39.36, a P/E/G ratio of 1.70 and a beta of 2.60.

Ameresco (NYSE:AMRC) last posted its quarterly earnings results 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 company had revenue of $515.46 million for the quarter, compared to analysts’ expectations of $465.18 million. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Research analysts predict that Ameresco will post 1.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Ameresco

In related news, Director Jennifer L. Miller sold 10,000 shares of Ameresco stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $32.27, for a total value of $322,700.00. Following the completion of the sale, the director owned 22,111 shares of the company’s stock, valued at approximately $713,521.97. This trade represents a 31.14% decrease in their position. The sale was disclosed in a legal filing 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 Nickolas Stavropoulos sold 1,355 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $34.00, for a total transaction of $46,070.00. Following the sale, the director directly owned 14,111 shares in the company, valued at approximately $479,774. This trade 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. Insiders have sold a total of 26,355 shares of company stock worth $852,270 over the last ninety days. 45.10% of the stock is currently owned by company insiders.

Institutional Trading of Ameresco

Several hedge funds and other institutional investors have recently modified their holdings of AMRC. Wellington Management Group LLP increased its position in shares of Ameresco by 170.0% during the third quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock valued at $159,021,000 after buying an additional 2,981,689 shares during the period. First Trust Advisors LP boosted its position in shares of Ameresco by 503.4% in the fourth quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider’s stock valued at $31,240,000 after acquiring an additional 889,820 shares during the period. Invesco Ltd. boosted its position in shares of Ameresco by 54.7% in the third 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. Redwood Grove Capital LLC grew its stake in Ameresco by 36.0% during the second 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 in the last quarter. Finally, UBS Group AG grew its stake in Ameresco by 53.0% during the third quarter. UBS Group AG now owns 449,053 shares of the utilities provider’s stock valued at $15,079,000 after acquiring an additional 155,614 shares in the last quarter. 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.