Founded in 2000, Ameresco, Inc. is a leading independent clean technology integrator of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco's sustainability services include upgrades to a facility's energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom.
Company profile
Ticker
AMRC
Exchange
Website
CEO
George Sakellaris
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
112 Lake Street Solar LLC • 117 Lake Street Solar LLC • 1519 Crandall Road LLC • 1724 64th Avenue Solar LLC • 2598837 ONTARIO Inc. • 310 Main St. Solar LLC • 3901 Suitland Road Solar LLC • 399 Revolution Drive Solar LLC • 515 Main Saugus LLC • 5700 Canada ...
IRS number
43512838
AMRC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
1 Nov 22
8-K
Eric Prouty, AdvisIRy Partners, 212.750.5800, eric.prouty@advisiry.com
1 Nov 22
8-K/A
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
28 Oct 22
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
27 Oct 22
10-Q
2022 Q2
Quarterly report
2 Aug 22
8-K
Eric Prouty, AdvisIRy Partners, 212.750.5800, eric.prouty@advisiry.com
1 Aug 22
8-K
Ameresco Announces Departure of Board Member
8 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
24 May 22
10-Q
2022 Q1
Quarterly report
3 May 22
8-K
Eric Prouty, AdvisIRy Partners, 212.750.5800, eric.prouty@advisiry.com
2 May 22
Transcripts
AMRC
Earnings call transcript
2022 Q3
2 Nov 22
AMRC
Earnings call transcript
2022 Q2
2 Aug 22
AMRC
Earnings call transcript
2022 Q1
3 May 22
AMRC
Earnings call transcript
2021 Q4
1 Mar 22
AMRC
Earnings call transcript
2021 Q3
2 Nov 21
AMRC
Earnings call transcript
2021 Q2
2 Aug 21
AMRC
Earnings call transcript
2021 Q1
5 May 21
AMRC
Earnings call transcript
2020 Q4
2 Mar 21
AMRC
Earnings call transcript
2020 Q3
2 Nov 20
AMRC
Earnings call transcript
2020 Q3
2 Nov 20
Latest ownership filings
SC 13G
Handelsbanken Fonder AB
23 Jan 23
4
Britta MacIntosh
23 Dec 22
4
FRANCIS V WISNESKI JR
7 Nov 22
4
Joseph W. Sutton
7 Nov 22
4
NICKOLAS STAVROPOULOS
7 Nov 22
4
Jennifer L Miller
7 Nov 22
4
Claire D'Oyly-Hughes Johnson
7 Nov 22
4
Douglas I Foy
7 Nov 22
4
Louis P Maltezos
25 Mar 22
4
Mark Chiplock
14 Mar 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 163.56 mm | 163.56 mm | 163.56 mm | 163.56 mm | 163.56 mm | 163.56 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) | 27.43 mm |
| Cash used (since last report) | n/a | n/a | n/a | n/a | n/a | 107.18 mm |
| Cash remaining | n/a | n/a | n/a | n/a | n/a | 56.38 mm |
| Runway (months of cash) | n/a | n/a | n/a | n/a | n/a | 2.1 |
Institutional ownership, Q3 2022
87.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 208 |
| Opened positions | 29 |
| Closed positions | 29 |
| Increased positions | 61 |
| Reduced positions | 80 |
| 13F shares | Current |
|---|---|
| Total value | 1.97 bn |
| Total shares | 29.79 mm |
| Total puts | 61.70 k |
| Total calls | 41.80 k |
| Total put/call ratio | 1.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 2.99 mm | $198.96 mm |
| Grantham, Mayo, Van Otterloo & Co. | 2.81 mm | $186.55 mm |
| BLK Blackrock | 2.52 mm | $167.31 mm |
| Handelsbanken Fonder AB | 2.25 mm | $149.52 mm |
| MCQEF Macquarie | 1.17 mm | $77.87 mm |
| Fred Alger Management | 1.01 mm | $67.01 mm |
| Standard Life Aberdeen | 1.00 mm | $66.72 mm |
| Lord, Abbett & Co. | 917.11 k | $60.97 mm |
| Dimensional Fund Advisors | 791.90 k | $52.64 mm |
| Stephens Investment Management | 788.33 k | $52.41 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Dec 22 | Britta MacIntosh | Class A Common Stock | Option exercise | Acquire M | No | No | 29.52 | 8,000 | 236.16 k | 33,000 |
| 20 Dec 22 | Britta MacIntosh | Stock Option (right to purchase) Class A Common Stock | Option exercise | Dispose M | No | No | 29.52 | 8,000 | 236.16 k | 12,000 |
| 4 Nov 22 | Claire D'Oyly-Hughes Johnson | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,163 | 0.00 | 2,163 |
| 4 Nov 22 | Foy Douglas I | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,163 | 0.00 | 2,163 |
| 4 Nov 22 | Francis V Wisneski JR | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,163 | 0.00 | 2,163 |
| 4 Nov 22 | Sutton Joseph W. | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 2,163 | 0.00 | 2,163 |
News
Ameresco Announces The Acquisition Of Wind Farm In West County Cork, Ireland; No Terms Disclosed
21 Nov 22
Ameresco's Return On Capital Employed Overview
9 Nov 22
What 4 Analyst Ratings Have To Say About Ameresco
2 Nov 22
Canaccord Genuity Maintains Buy on Ameresco, Raises Price Target to $81
2 Nov 22
Ameresco Reaffirms 2022 Guidance
1 Nov 22
Press releases
Ameresco to Announce Fourth Quarter and Full Year 2022 Financial Results on February 27, 2023
26 Jan 23
Ameresco Donates Portable Power Units to Help Support Communities Impacted by Natural Disasters
24 Jan 23
Ameresco Wins Silver Distinction in 12th Annual Best in Biz Awards
8 Dec 22
Ameresco Selected as 2022 S&P Global Platts Global Energy Awards Finalist in Two Categories
7 Dec 22
Ameresco Announces the Acquisition of Wind Farm in West County Cork, Ireland
21 Nov 22