TSE:MEQ Mainstreet Equity Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add C$73.14 -0.90 (-1.22 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's RangeC$73.14Now: C$73.14▼C$73.1450-Day RangeC$67.00MA: C$74.50▼C$79.9952-Week RangeC$41.75Now: C$73.14▼C$96.25Volume100 shsAverage Volume3,789 shsMarket CapitalizationC$683.86 millionP/E Ratio13.90Dividend YieldN/ABetaN/A ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media 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, Regina, and Saskatoon. As of September 30, 2018, it had a total portfolio of 11,776 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.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingMainstreet Equity has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$95.50, Mainstreet Equity has a forecasted upside of 30.6% from its current price of C$73.14.Amount of Analyst CoverageMainstreet Equity has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMainstreet Equity has received 184 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMainstreet Equity has received 254 “underperform” votes. (Add your “underperform” vote.)Community SentimentMainstreet Equity has received 57.99% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMainstreet Equity does not currently pay a dividend.Dividend GrowthMainstreet Equity does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mainstreet Equity insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Mainstreet Equity is 13.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Mainstreet Equity is 13.90, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.53.Price to Book Value per Share RatioMainstreet Equity has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.40 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Independent Oil & Gas Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:MEQ Previous Symbol CUSIPN/A CIKN/A Webmainst.biz Phone+1-403-2156060Debt Debt-to-Equity Ratio138.81 Current Ratio0.27 Quick Ratio0.20Price-To-Earnings Trailing P/E Ratio13.90 Forward P/E Ratio18.66 P/E GrowthN/A Sales & Book Value Annual SalesC$147.97 million Price / Sales4.62 Cash FlowC$2.20 per share Price / Cash Flow33.29 Book ValueC$87.56 per share Price / Book0.84Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees343 Outstanding Shares9,350,000Market CapC$683.86 million Next Earnings Date12/14/2020 (Estimated) OptionableNot Optionable C$73.14 -0.90 (-1.22 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MEQ News and Ratings via Email Sign-up to receive the latest news and ratings for MEQ and its competitors with MarketBeat's FREE daily newsletter. Mainstreet Equity (TSE:MEQ) Frequently Asked Questions How has Mainstreet Equity's stock price been impacted by COVID-19 (Coronavirus)? Mainstreet Equity's stock was trading at C$78.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MEQ shares have decreased by 6.2% and is now trading at C$73.14. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Mainstreet Equity? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mainstreet Equity in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Mainstreet Equity. When is Mainstreet Equity's next earnings date? Mainstreet Equity is scheduled to release its next quarterly earnings announcement on Monday, December 14th 2020. View our earnings forecast for Mainstreet Equity. How were Mainstreet Equity's earnings last quarter? Mainstreet Equity Corp. (TSE:MEQ) posted its quarterly earnings data on Tuesday, August, 11th. The company reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.07 by $0.07. The company had revenue of $37.47 million for the quarter, compared to analyst estimates of $37.18 million. View Mainstreet Equity's earnings history. What price target have analysts set for MEQ? 1 brokerages have issued twelve-month price targets for Mainstreet Equity's stock. Their forecasts range from C$82.00 to C$100.00. On average, they expect Mainstreet Equity's stock price to reach C$95.50 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View analysts' price targets for Mainstreet Equity. Who are some of Mainstreet Equity's key competitors? Some companies that are related to Mainstreet Equity include Linamar (LNR), Great Bear Resources (GBR), Crescent Point Energy (CPG), Cairn Energy (CNE), MEG Energy (MEG), Vermilion Energy (VET), Ophir Energy (OPHR), Genel Energy (GENL), Seplat Petroleum Development (SEPL), Paramount Resources (POU), Serica Energy (SQZ), Contango Oil & Gas (MCF), Nuvista Energy (NVA), VersaBank (VB) and Almaden Minerals (AMM). View all competitors. What other stocks do shareholders of Mainstreet Equity own? Based on aggregate information from My MarketBeat watchlists, some companies that other Mainstreet Equity investors own include Mediagrif Interactive Technologies (MDF), Birchcliff Energy (BIR), B2Gold (BTO), A and W Revenue Royalties Income Fund (AW.UN), Canadian Tire (CTC.A), Canada Goose (GOOS), Loblaw Companies (L), Artis Real Estate Investment Trust Unit (AX.UN), Bank of America (BAC) and Boardwalk REIT (BEI.UN). Who are Mainstreet Equity's key executives? Mainstreet Equity's management team includes the following people: Mr. Navjeet S. Dhillon, Pres, CEO & DirectorMs. Trina N. Cui, Chief Financial OfficerMr. Johnny C. S. Lam, Chief Operating OfficerMr. Joseph B. Amantea, Corp. Sec. & DirectorMs. Sheena J. Keslick, VP of Operations What is Mainstreet Equity's stock symbol? Mainstreet Equity trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MEQ." 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$73.14. How big of a company is Mainstreet Equity? Mainstreet Equity has a market capitalization of C$683.86 million and generates C$147.97 million in revenue each year. Mainstreet Equity employs 343 workers across the globe. What is Mainstreet Equity's official website? The official website for Mainstreet Equity is mainst.biz. 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. This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. 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