ameresco, inc. (nyse: amrc) is an independent, integrated, comprehensive energy efficiency and renewable energy company that is building a sustainable future with public organizations and private enterprise throughout north america and the united kingdom. through energy audits, innovative engineering, utility-scale solar farms and deep energy retrofits, ameresco applies forward-thinking technology to the challenges of controlling emissions, enhancing energy security and shifting toward clean, renewable sources of power.
Company profile
Ticker
AMRC
Exchange
Website
CEO
George Sakellaris
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1000455439 Ontario Inc. • 112 Lake Street Solar LLC • 117 Lake Street Solar LLC • 1519 Crandall Road LLC • 1724 64th Avenue Solar LLC • 3901 Suitland Road Solar LLC • 399 Revolution Drive Solar LLC • 515 Main Saugus LLC • 5700 Canada • 5715 Livingston Road Solar LLC ...
IRS number
43512838
AMRC stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
10 Apr 24
10-K/A
2023 FY
Annual report (amended)
11 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Ameresco Reports Fourth Quarter and Full Year 2023 Financial Results
28 Feb 24
8-K
Ameresco Provides Updates on Southern California Edison Company (SCE) Projects and Financing Initiatives
31 Jan 24
8-K
Entry into a Material Definitive Agreement
12 Dec 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Ameresco Reports Third Quarter 2023 Financial Results
6 Nov 23
8-K
Departure of Directors or Certain Officers
24 Oct 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
3 Oct 23
Transcripts
AMRC
Earnings call transcript
2023 Q4
28 Feb 24
AMRC
Earnings call transcript
2023 Q3
6 Nov 23
AMRC
Earnings call transcript
2023 Q2
31 Jul 23
AMRC
Earnings call transcript
2023 Q1
1 May 23
AMRC
Earnings call transcript
2022 Q4
27 Feb 23
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
Latest ownership filings
4
Joseph W. Sutton
2 Apr 24
4
Mark Chiplock
19 Mar 24
4
Spencer Doran Hole
19 Mar 24
4
George P Sakellaris
19 Mar 24
4
Nicole E Bulgarino
19 Mar 24
4
Louis P Maltezos
19 Mar 24
4
David J Corrsin
19 Mar 24
4
Peter Christakis
19 Mar 24
4
Michael T Bakas
19 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 175.70 mm | 175.70 mm | 175.70 mm | 175.70 mm | 175.70 mm | 175.70 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 2.19 mm | 8.80 mm |
Cash used (since last report) | n/a | n/a | n/a | n/a | 14.52 mm | 58.28 mm |
Cash remaining | n/a | n/a | n/a | n/a | 161.18 mm | 117.42 mm |
Runway (months of cash) | n/a | n/a | n/a | n/a | 73.6 | 13.4 |
Institutional ownership, Q3 2023
96.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 188 |
Opened positions | 26 |
Closed positions | 33 |
Increased positions | 68 |
Reduced positions | 63 |
13F shares | Current |
---|---|
Total value | 1.12 tn |
Total shares | 33.22 mm |
Total puts | 35.00 k |
Total calls | 51.40 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Grantham, Mayo, Van Otterloo & Co. | 3.83 mm | $147.64 bn |
Vanguard | 3.07 mm | $118.32 bn |
Handelsbanken Fonder AB | 2.78 mm | $107.18 mm |
BLK Blackrock | 2.22 mm | $85.79 bn |
MCQEF Macquarie | 1.47 mm | $56.86 bn |
Wellington Management | 1.17 mm | $45.08 bn |
STT State Street | 849.10 k | $32.74 bn |
Standard Life Aberdeen | 848.25 k | $32.71 bn |
Stephens Investment Management | 815.39 k | $31.44 bn |
Dimensional Fund Advisors | 801.99 k | $30.93 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Sutton Joseph W. | Class A Common Stock | Option exercise | Acquire M | No | No | 6.7 | 10,000 | 67.00 k | 22,163 |
1 Apr 24 | Sutton Joseph W. | Stock Option (right to purchase) Class A Common Stock | Option exercise | Dispose M | No | No | 6.7 | 10,000 | 67.00 k | 0 |
19 Mar 24 | Chiplock Mark | Class A Common Stock | Sell | Dispose S | No | No | 20.53 | 101 | 2.07 k | 348 |
19 Mar 24 | Spencer Doran Hole | Class A Common Stock | Sell | Dispose S | No | No | 20.53 | 108 | 2.22 k | 1,878 |
19 Mar 24 | Louis P Maltezos | Class A Common Stock | Sell | Dispose S | No | No | 20.53 | 78 | 1.60 k | 30,284 |
17 Mar 24 | Bulgarino Nicole E | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 295 | 0.00 | 31,428 |
17 Mar 24 | Bulgarino Nicole E | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 295 | 0.00 | 590 |
17 Mar 24 | Chiplock Mark | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 277 | 0.00 | 449 |
17 Mar 24 | Chiplock Mark | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 277 | 0.00 | 553 |
17 Mar 24 | Spencer Doran Hole | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 295 | 0.00 | 1,986 |
News
Oppenheimer Maintains Perform on Amerescoto Perform
17 Apr 24
Piper Sandler Maintains Overweight on Ameresco, Lowers Price Target to $30
11 Apr 24
4 Analysts Assess Ameresco: What You Need To Know
3 Apr 24
Raymond James Maintains Outperform on Ameresco, Lowers Price Target to $35
3 Apr 24
Ameresco Announces A Contract For Efficiency Upgrades And Emissions Reductions At A Military Base In Western Canada
14 Mar 24
Press releases
Ameresco to Announce First Quarter 2024 Financial Results on May 7, 2024
9 Apr 24
Ameresco Begins Construction of Biogas Cogeneration Project in Sacramento, California
8 Apr 24
Ameresco Announces Completion of Comprehensive Solar Project at Northeastern University
3 Apr 24
Ameresco Announces a Contract for Efficiency Upgrades and Emissions Reductions at a Military Base in Western Canada
14 Mar 24
Hawaiian Electric Company Announces Ameresco Award to Develop the 'Ūkiu Energy 40MW Renewable Energy Site
21 Feb 24