Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties primarily in Western Canada. The company owns a portfolio of mid-market rental apartment buildings in Vancouver lower mainland, Calgary and Southern Alberta, Edmonton, and Saskatoon. As of September 30, 2017, it had a total portfolio of 10, 480 residential units consisting of townhouses, garden-style apartments, and midrise and high-rise apartments. The company was founded in 1997 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:MEQ
Previous Symbol
CUSIPN/A
Phone+1-403-2156060
Debt
Debt-to-Equity Ratio132.84
Current Ratio0.51
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio3.26
Forward P/E Ratio23.04
P/E GrowthN/A
Sales & Book Value
Annual SalesC$111.07 million
Price / Sales3.77
Cash FlowC$2.74 per share
Price / Cash17.31
Book ValueC$81.08 per share
Price / Book0.59
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares8,832,000
Market CapC$0.00
OptionableNot Optionable
Mainstreet Equity (TSE:MEQ) Frequently Asked Questions
What is Mainstreet Equity's stock symbol?
Mainstreet Equity trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MEQ."
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 analysts' consensus estimates of $0.54 by $1.69. The company had revenue of $26.38 million for the quarter, compared to analysts' expectations of $25.90 million. View Mainstreet Equity's Earnings History.
When is Mainstreet Equity's next earnings date?
What price target have analysts set for MEQ?
0 Wall Street analysts have issued 12-month target prices for Mainstreet Equity's stock. Their forecasts range from C$51.00 to C$51.00. On average, they anticipate Mainstreet Equity's share price to reach C$51.00 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Mainstreet Equity.
Has Mainstreet Equity been receiving favorable news coverage?
Media coverage about MEQ stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mainstreet Equity earned a news impact score of 1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
Who are some of Mainstreet Equity's key competitors?
Some companies that are related to Mainstreet Equity include Almaden Minerals (AMM), Altai Resources (ATI), American Patriot Oil & Gas (AOW), Argos Resources (ARG), Armour Energy (AJQ), Ascent Resources (AST), Athabasca Oil (ATH), Bahamas Petroleum (BPC), Bayshore Petroleum (BSH), Beach Energy (BPT), Bellatrix Exploration (BXE), Bengal Energy (BNG), Borders & Southern Petroleum (BOR), Byron Energy (BYE) and Cairn Energy (CNE).
Who are Mainstreet Equity's key executives?
Mainstreet Equity's management team includes the folowing people:
- Mr. Navjeet S. Dhillon, Pres, CEO & Director
- Ms. Trina N. Cui, Chief Financial Officer
- Mr. Johnny C. S. Lam, Chief Operating Officer
- Mr. Joseph B. Amantea, Corp. Sec., Treasurer & Director
- Ms. Sheena J. Keslick, VP of Operations
How do I buy shares of Mainstreet Equity?
Shares of MEQ and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Mainstreet Equity's stock price today?
One share of MEQ stock can currently be purchased for approximately C$47.47.
What is Mainstreet Equity's official website?
How can I contact Mainstreet Equity?
Mainstreet Equity's mailing address is 305 10 Ave SE, CALGARY, AB T2G 0W2, Canada. The company can be reached via phone at +1-403-2156060.
MarketBeat Community Rating for Mainstreet Equity (TSE MEQ)
MarketBeat's community ratings are surveys of what our community members think about Mainstreet Equity and other stocks. Vote "Outperform" if you believe MEQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
