TSE:MEQ Mainstreet Equity (MEQ) Stock Price, News & Analysis C$204.31 +5.47 (+2.75%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades About Mainstreet Equity Stock (TSE:MEQ) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Mainstreet Equity alerts:Sign Up Key Stats Today's RangeC$198.90▼C$204.3150-Day RangeC$185.51▼C$199.7852-Week RangeC$131.18▼C$204.31Volume12,262 shsAverage Volume3,086 shsMarket CapitalizationC$1.90 billionP/E Ratio15.12Dividend Yield0.05%Price TargetC$205.00Consensus RatingBuy Company OverviewMainstreet 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… Election warning coming true… (Ad)If you missed it, my emergency election broadcast is now available - watch it before it's too late.Click here to watch it now. Mainstreet Equity Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks25th Percentile Overall ScoreMEQ MarketRank™: Mainstreet Equity scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.5 / 5Analyst RatingBuy 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. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Mainstreet Equity is 15.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Mainstreet Equity is 15.12, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 274.90.Price to Book Value per Share RatioMainstreet Equity has a P/B Ratio of 1.36. 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. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for MEQ. Dividend0.8 / 5Dividend StrengthWeak 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. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for MEQ. News and Social Media2.6 / 5News Sentiment0.59 News SentimentMainstreet Equity has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Real Estate companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Mainstreet Equity this week, compared to 1 article on an average week.Search Interest1 people have searched for MEQ on MarketBeat in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A 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 19.02% of the stock of Mainstreet Equity is held by institutions.Read more about Mainstreet Equity's insider trading history. 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 MEQ Stock News HeadlinesMainstreet Equity (TSE:MEQ) Stock Crosses Above 200 Day Moving Average - Here's WhyOctober 8, 2024 | americanbankingnews.comIs Mainstreet Equity Corp.'s (TSE:MEQ) 9.0% ROE Better Than Average?October 6, 2024 | finance.yahoo.comThe real reason Elon is fully endorsing TrumpElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. October 17, 2024 | Porter & Company (Ad)Linamar: Stocks Undervalued by Analyst Consensus on TSX (LNR)August 16, 2024 | theglobeandmail.comMainstreet Equity's (TSE:MEQ) Profits Appear To Have Quality IssuesAugust 6, 2024 | finance.yahoo.comMainstreet Offers Housing Assistance to Jasper Fire EvacueesJuly 29, 2024 | finance.yahoo.comMainstreet Equity (MEQ) Earnings Dates & ReportsJuly 28, 2024 | investing.comMainstreet Equity achieves 11th quarter of double-digit growth in Q3July 23, 2024 | finance.yahoo.comSee More Headlines 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 start of the year. Since then, MEQ shares have increased by 39.9% and is now trading at C$204.31. View the best growth stocks for 2024 here. How were Mainstreet Equity's earnings last quarter? Mainstreet Equity Corp. (TSE:MEQ) posted its earnings results on Tuesday, July, 23rd. The company reported ($1.70) earnings per share (EPS) for the quarter, missing the consensus estimate 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 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 Ex-Dividend for 7/31 Dividend7/17/2024Last Earnings7/23/2024Dividend Payable7/31/2024Today10/17/2024Ex-Dividend for 10/31 Dividend10/17/2024Dividend Payable10/31/2024Next 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+0.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$13.51 Trailing P/E Ratio15.12 Forward P/E Ratio24.94 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 / Sales7.98 Cash FlowC$7.83 per share Price / Cash Flow26.09 Book ValueC$150.78 per share Price / Book1.36Miscellaneous Outstanding Shares9,320,000Free FloatN/AMarket CapC$1.90 billion OptionableNot Optionable Beta1.63 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report This page (TSE:MEQ) was last updated on 10/17/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredRetire off just one stock ticker?ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT m...Behind the Markets | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredAdd $2T of Potential Magic to Your PortfolioRevolutionizing a whole $2T entertainment and licensing industry might sound like the stuff of fairytales. But...Elf Labs | SponsoredMarket "Famine" ComingMarket Wizard Larry Benedict accurately predicted that all indexes would be negative in 2022... He predicte...Opportunistic Trader | SponsoredMassive trading opportunity begins by October 21 October 21 could spark a mania among “next-generation” AI stocks. That’s the newest prediction from a Wall Str...Brownstone Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Mainstreet Equity Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Mainstreet Equity With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.