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TSE:MEQ

Mainstreet Equity (MEQ) Stock Price, News & Analysis

Mainstreet Equity logo
C$190.45 -3.35 (-1.73%)
As of 04/3/2025 03:59 PM Eastern

About Mainstreet Equity Stock (TSE:MEQ)

Key Stats

Today's Range
C$188.28
C$193.28
50-Day Range
C$183.00
C$210.98
52-Week Range
C$160.00
C$216.37
Volume
3,509 shs
Average Volume
4,684 shs
Market Capitalization
C$1.77 billion
P/E Ratio
9.46
Dividend Yield
0.06%
Price Target
C$217.50
Consensus Rating
Hold

Company Overview

Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding commercial buildings. The company is based in Calgary, Canada.

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MEQ Stock News Headlines

Stocks in play: Mainstreet Equity Corp.
Your Retirement Is Caught in the Crossfire
When Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. Now… as new tariffs take effect, gold is breaking records again. You've hopefully already seen this in action… but gold is surpassing $3,000 per ounce for the first time EVER.
Mainstreet Equity: Under The Radar For Far Too Long
Mainstreet Equity: A Winning Formula To Beat The REIT
See More Headlines

MEQ Stock Analysis - Frequently Asked Questions

Mainstreet Equity's stock was trading at C$202.01 at the start of the year. Since then, MEQ shares have decreased by 5.7% and is now trading at C$190.45.
View the best growth stocks for 2025 here
.

Mainstreet Equity Corp. (TSE:MEQ) issued its quarterly earnings results on Thursday, July, 20th. The company reported ($1.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by $1.69. The firm had revenue of $26.38 million for the quarter, compared to analysts' expectations of $25.90 million. Mainstreet Equity had a net margin of 72.44% and a trailing twelve-month return on equity of 12.68%.

Shares of MEQ stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mainstreet Equity investors own include Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Bank of America (BAC), Toronto-Dominion Bank (TD), AGNC Investment (AGNC), American Express (AXP) and Canadian Imperial Bank of Commerce (CM).

Company Calendar

Last Earnings
7/20/2017
Today
4/03/2025

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Real Estate Services
Sub-Industry
N/A
Current Symbol
TSE:MEQ
CIK
N/A
Fax
N/A
Employees
526
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$217.50
High Stock Price Target
C$220.00
Low Stock Price Target
C$215.00
Potential Upside/Downside
+14.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
9.46
Forward P/E Ratio
23.25
P/E Growth
N/A
Net Income
C$187.49 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$258.81 million
Cash Flow
C$7.30 per share
Price / Cash Flow
26.09
Book Value
C$168.94 per share
Price / Book
1.13

Miscellaneous

Free Float
N/A
Market Cap
C$1.77 billion
Optionable
Not Optionable
Beta
1.63
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This page (TSE:MEQ) was last updated on 4/4/2025 by MarketBeat.com Staff
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