TSE:MEQ Mainstreet Equity (MEQ) Stock Price, News & Analysis C$193.60 -4.90 (-2.47%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$193.60▼C$199.0050-Day RangeC$165.72▼C$199.5052-Week RangeC$131.18▼C$200.01Volume1,640 shsAverage Volume3,216 shsMarket CapitalizationC$1.80 billionP/E Ratio14.33Dividend Yield0.06%Price TargetC$205.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Mainstreet Equity alerts: Email Address Mainstreet Equity MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside5.9% UpsideC$205.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.41 out of 5 stars 1.5 Analyst's Opinion Consensus RatingMainstreet Equity has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageMainstreet Equity has received no research coverage in the past 90 days.Read more about Mainstreet Equity's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MEQ. Previous Next 0.8 Dividend Strength Dividend YieldMainstreet Equity has a dividend yield of 0.06%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMainstreet Equity does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Mainstreet Equity is 0.81%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Mainstreet Equity's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEQ. Previous Next 1.2 News and Social Media Coverage News SentimentMainstreet Equity has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 1 news article for Mainstreet Equity this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Mainstreet Equity to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mainstreet Equity insiders have not sold or bought any company stock.Percentage Held by Insiders48.94% of the stock of Mainstreet Equity is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.16% of the stock of Mainstreet Equity is held by institutions.Read more about Mainstreet Equity's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Mainstreet Equity is 14.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Mainstreet Equity is 14.33, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 260.28.Price to Book Value per Share RatioMainstreet Equity has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Mainstreet Equity's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About Mainstreet Equity Stock (TSE:MEQ)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.Read More MEQ Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MEQ Stock News HeadlinesAugust 16, 2024 | theglobeandmail.comLinamar: Stocks Undervalued by Analyst Consensus on TSX (LNR)August 6, 2024 | finance.yahoo.comMainstreet Equity's (TSE:MEQ) Profits Appear To Have Quality IssuesSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.July 29, 2024 | finance.yahoo.comMainstreet Offers Housing Assistance to Jasper Fire EvacueesJuly 28, 2024 | investing.comMainstreet Equity (MEQ) Earnings Dates & ReportsJuly 23, 2024 | finance.yahoo.comMainstreet Equity achieves 11th quarter of double-digit growth in Q3May 24, 2024 | finance.yahoo.comMainstreet Equity Corp. Cyber IncidentMay 10, 2024 | msn.comMain Street Capital (MAIN) Q1 2024 Earnings Call TranscriptSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.May 10, 2024 | finance.yahoo.comMainstreet Equity Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearMay 7, 2024 | finance.yahoo.comMainstreet Equity Achieves Tenth Consecutive Quarter of Double-digit Growth in Q2April 29, 2024 | finance.yahoo.comWhy Mainstreet Equity Corp. (TSE:MEQ) Looks Like A Quality CompanyFebruary 10, 2024 | morningstar.comMainstreet Equity Corp MEQFebruary 9, 2024 | seekingalpha.comMain Street Capital: Attractive Yield And ValuationFebruary 7, 2024 | theglobeandmail.comMarket movers: Why PD-T, CVO-T, MEQ-T and more stocks saw action on TuesdayFebruary 7, 2024 | baystreet.caEnterprise, Mainstreet, Queen’s Road at 52-Week Highs on NewsFebruary 6, 2024 | msn.comEnterprise, Mainstreet, Queen's Road at 52-Week Highs on NewsJanuary 30, 2024 | wsj.comMainstreet Equity Corp.See More Headlines Receive MEQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mainstreet Equity and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/31 Dividend7/17/2024Last Earnings7/23/2024Dividend Payable7/31/2024Today9/07/2024Next Earnings (Estimated)12/04/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorReal Estate Industry Real Estate Services Sub-IndustryN/A Current SymbolTSE:MEQ CUSIPN/A CIKN/A Webmainst.biz Phone+1-403-2156060FaxN/AEmployees526Year FoundedN/APrice Target and Rating Average Stock Price TargetC$205.00 High Stock Price TargetC$220.00 Low Stock Price TargetC$180.00 Potential Upside/Downside+5.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$13.51 Trailing P/E Ratio14.33 Forward P/E Ratio20.91 P/E GrowthN/ANet IncomeC$125.85 million Net Margins52.74% Pretax MarginN/A Return on Equity9.38% Return on Assets2.56% Debt Debt-to-Equity Ratio117.76 Current Ratio0.40 Quick Ratio0.81 Sales & Book Value Annual SalesC$238.63 million Price / Sales7.56 Cash FlowC$7.42 per share Price / Cash Flow26.09 Book ValueC$150.78 per share Price / Book1.28Miscellaneous Outstanding Shares9,320,000Free FloatN/AMarket CapC$1.80 billion OptionableNot Optionable Beta1.65 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Navjeet Singh DhillonFounder, President, CEO & DirectorMs. Trina N. CuiChief Financial OfficerMr. Jesse GreenwellHead of Communications, Culture & InclusivityMs. Luckresha BakerHuman Resources ManagerMr. Joseph B. AmanteaTreasurer, Corporate Secretary & DirectorKey CompetitorsTricon ResidentialTSE:TCNFirst Capital Real Estate Investment TrustTSE:FCR.UNAltus GroupTSE:AIFGazit GlobeTSE:GZTStorageVault CanadaTSE:SVIView All CompetitorsInsidersRon AndersonBought 500 shares on 5/9/2024Total: C$87,600.00 ($175.20/share)Richard GrimaldiSold 6,400 sharesTotal: C$1.04 M ($163.00/share)Ron AndersonBought 600 shares on 12/18/2023Total: C$85,800.00 ($143.00/share)View All Insider Transactions MEQ Stock Analysis - Frequently Asked Questions How have MEQ shares performed this year? Mainstreet Equity's stock was trading at C$146.02 at the beginning of 2024. Since then, MEQ shares have increased by 32.6% and is now trading at C$193.60. View the best growth stocks for 2024 here. How were Mainstreet Equity's earnings last quarter? Mainstreet Equity Corp. (TSE:MEQ) posted its quarterly earnings data on Tuesday, July, 23rd. The company reported ($1.70) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.42 by $4.12. The business had revenue of $63.32 million for the quarter, compared to analyst estimates of $62.35 million. Mainstreet Equity had a trailing twelve-month return on equity of 9.38% and a net margin of 52.74%. How do I buy shares of Mainstreet Equity? 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.Compare Top Brokerages Here. What other stocks do shareholders of Mainstreet Equity own? Based on aggregate information from My MarketBeat watchlists, some other companies that Mainstreet Equity investors own include mdf commerce (MDF), Birchcliff Energy (BIR), B2Gold (BTO), A and W Revenue Royalties Income Fund (AW.UN), Canadian Tire (CTC.A), Canada Goose (GOOS) and Loblaw Companies (L). This page (TSE:MEQ) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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