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TSE:MEQ

Mainstreet Equity (MEQ) Stock Price, News & Analysis

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C$164.55 -1.80 (-1.08%)
As of 04:00 PM Eastern

About Mainstreet Equity Stock (TSE:MEQ)

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Key Stats

Today's Range
C$162.11
C$168.57
50-Day Range
C$162.50
C$181.01
52-Week Range
C$160.08
C$201.20
Volume
15,168 shs
Average Volume
8,953 shs
Market Capitalization
C$1.53 billion
P/E Ratio
8.76
Dividend Yield
0.15%
Price Target
C$227.67
Consensus Rating
Moderate Buy

Company Overview

Mainstreet Equity Corp. ("Mainstreet") is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (TSX: MEQ). Mainstreet is a top provider of high-quality, affordable multi-family rental units in western Canada, covering BC, AB, SK, and MB, with year-to-date holdings of over 19,100 units. The company's long-term value is anchored by a counter-cyclical strategy to aggressively acquire undervalued units at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100% organic, non-dilutive growth model, leveraging its robust liquidity position. As at Q4 2025, Mainstreet's assets were valued at over CDN $3.7 billion based on IFRS value.

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MEQ Stock News Headlines

Mainstreet Equity (MEQ) Has a New Rating from CIBC
Elon Musk’s Hushed FCC Filing. Sept 25th.
Elon Musk quietly filed a document with the federal government tied to artificial intelligence, one of the largest markets in the world. James Altucher, who previously flagged Nvidia in 2008 and Bitcoin in 2013, says the filing could rival Tesla, SpaceX and xAI combined. Few investors know this filing exists, but that is expected to change quickly.tc pixel
Mainstreet Announces Normal Course Issuer Bid
See More Headlines

MEQ Stock Analysis - Frequently Asked Questions

Mainstreet Equity's stock was trading at C$183.16 at the start of the year. Since then, MEQ stock has decreased by 10.8% and is now trading at C$163.34.

Mainstreet Equity Corp. (TSE:MEQ) issued its quarterly earnings results on Wednesday, August, 5th. The company reported $3.64 earnings per share (EPS) for the quarter. The company had revenue of $73.17 million for the quarter. Mainstreet Equity had a net margin of 60.99% and a trailing twelve-month return on equity of 9.49%.

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
8/05/2026
Today
9/10/2026

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Real Estate Management & Development
Sub-Industry
Real Estate Operating Companies
Current Symbol
TSE:MEQ
CIK
N/A
Fax
N/A
Employees
526
Year Founded
N/A

Price Target and Rating

High Price Target
C$248.00
Low Price Target
C$210.00
Potential Upside/Downside
+38.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
C$18.79
Trailing P/E Ratio
8.76
Forward P/E Ratio
20.09
P/E Growth
N/A
Net Income
C$187.49 million
Net Margins
60.99%
Pretax Margin
N/A
Return on Equity
9.49%
Return on Assets
2.56%

Debt

Debt-to-Equity Ratio
95.85
Current Ratio
0.65
Quick Ratio
0.81

Sales & Book Value

Annual Sales
C$286.75 million
Price / Sales
5.35
Cash Flow
C$6.31 per share
Price / Cash Flow
26.09
Book Value
C$201.95 per share
Price / Book
0.81

Miscellaneous

Outstanding Shares
9,319,000
Free Float
N/A
Market Cap
C$1.53 billion
Optionable
Not Optionable
Beta
0.72
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This page (TSE:MEQ) was last updated on 9/10/2026 by MarketBeat.com Staff.
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