Mainstreet Equity (MEQ) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: C$182.72 to C$187.00
• 50-Day Range: C$185.82 to C$211.26
• 52-Week Range: C$160.00 to C$216.37
• Volume: 20,771 shs
• Average Volume: 4,531 shs
• Market Capitalization: C$1.74 billion
• P/E Ratio: 9.27
• Dividend Yield: 0.06%
• Price Target: C$217.50
• Consensus Rating: Hold

MEQ Stock Analysis - Frequently Asked Questions

How have MEQ shares performed this year?

Mainstreet Equity's stock was trading at C$202.01 on January 1st, 2025. Since then, MEQ shares have decreased by 7.8% and is now trading at C$186.31.
View the best growth stocks for 2025 here.

How were Mainstreet Equity's earnings last quarter?

Mainstreet Equity Corp. (TSE:MEQ) released its quarterly earnings data on Thursday, July, 20th. The company reported ($1.15) EPS for the quarter, missing the consensus estimate of $0.54 by $1.69. The business earned $26.38 million during the quarter, compared to the consensus estimate of $25.90 million. Mainstreet Equity had a trailing twelve-month return on equity of 12.68% and a net margin of 72.44%.

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.

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

• Last Earnings: 7/20/2017
• Today: 3/24/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: N/A
• Current Symbol: TSE:MEQ
• CIK: N/A
• Web: mainst.biz
• Phone: +1-403-2156060
• 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: +16.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$20.14
• Trailing P/E Ratio: 9.24
• Forward P/E Ratio: 22.71
• P/E Growth: N/A
• Net Income: C$187.49 million
• Net Margins: 72.44%
• Pretax Margin: N/A
• Return on Equity: 12.68%
• Return on Assets: 2.56%

Debt

• Debt-to-Equity Ratio: 109.80
• Current Ratio: 0.51
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: C$258.81 million
• Price / Sales: 6.70
• Cash Flow: C$7.13 per share
• Price / Cash Flow: 26.09
• Book Value: C$168.94 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 9,315,149
• Free Float: N/A
• Market Cap: C$1.73 billion
• Optionable: Not Optionable
• Beta: 1.63