About Mainstreet Equity (TSE:MEQ)
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
Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
SymbolTSE:MEQ
CUSIPN/A
Phone+1-403-2156060
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins12.71%
Return on Equity2.03%
Return on Assets0.81%
Miscellaneous
EmployeesN/A
Outstanding Shares8,832,000
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) posted its quarterly earnings results on Tuesday, February, 13th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.75 by $0.39. The company had revenue of $27.06 million for the quarter. Mainstreet Equity had a net margin of 12.71% and a return on equity of 2.03%. View Mainstreet Equity's Earnings History.
When is Mainstreet Equity's next earnings date?
What price target have analysts set for MEQ?
1 brokers have issued 12-month price targets for Mainstreet Equity's stock. Their predictions range from C$44.00 to C$44.00. On average, they expect Mainstreet Equity's share price to reach C$44.00 in the next year. View Analyst Ratings for Mainstreet Equity.
Who are some of Mainstreet Equity's key competitors?
Some companies that are related to Mainstreet Equity include Hurricane Energy (HUR), Nostrum Oil & Gas (NOG), Athabasca Oil (ATH), Ophir Energy (OPHR), Genel Energy (GENL), Faroe Petroleum (FPM), SOCO International (SIA), GMP Capital (GMP), Lilis Energy (LLEX), Serica Energy (SQZ), Delphi Energy (DEE), Gastar Exploration (GST), Lekoil (LEK), Oryx Petroleum (OXC), Transatlantic Petroleum (TNP), Contango Oil & Gas (MCF), Bellatrix Exploration (BXE) and Journey Energy (JOY).
Who are Mainstreet Equity's key executives?
Mainstreet Equity's management team includes the folowing people:
- Mr. Navjeet S. Dhillon, Pres, CEO & Director
- Mr. Johnny C. S. Lam, Chief Operating Officer
- Mr. Joseph B. Amantea, Corp. Sec., Treasurer & Director
- Ms. Sheena J. Keslick, VP of Operations
- Ms. Trina N. Cui, Chief Financial Officer
Has Mainstreet Equity been receiving favorable news coverage?
News headlines about MEQ stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mainstreet Equity earned a news sentiment score of 0.12 on Accern's scale. They also assigned press coverage about the company an impact score of 45.41 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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$41.60.
How big of a company is Mainstreet Equity?
Mainstreet Equity has a market capitalization of C$353.29 million.
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 (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.
Mainstreet Equity (TSE:MEQ) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for Mainstreet Equity in the last 12 months. Their average twelve-month price target is C$44.00, suggesting that the stock has a possible upside of 5.77%. The high price target for MEQ is C$44.00 and the low price target for MEQ is C$44.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.50 | 2.33 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | C$44.00 | C$44.00 | C$44.00 | C$36.50 |
| Price Target Upside: | 5.77% upside | 11.53% upside | 11.53% upside | 2.35% downside |
Mainstreet Equity (TSE:MEQ) Consensus Price Target History
Mainstreet Equity (TSE:MEQ) Analyst Ratings History
Show:
(Data available from 4/20/2016 forward)
Mainstreet Equity (TSE:MEQ) Earnings History and Estimates Chart
Mainstreet Equity (TSE MEQ) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/8/2018 | | | | | | | | |
| 2/13/2018 | Q1 2018 | C$0.75 | C$0.36 | | C$27.06 million | View | N/A |  |
| 12/13/2017 | Q4 2017 | | C$11.21 | C$26.60 million | C$26.53 million | View | N/A | |
| 7/20/2017 | Q3 2017 | C$0.54 | C($1.15) | C$25.90 million | C$26.38 million | View | N/A | |
| 5/9/2017 | Q2 2017 | C$0.67 | C($0.25) | C$25.70 million | C$26.05 million | View | N/A | |
| 2/14/2017 | Q1 2017 | | C($0.42) | | C$25.50 million | View | N/A | |
| 12/6/2016 | Q4 2016 | | C$5.54 | C$24.80 million | C$25.13 million | View | N/A | |
| 7/21/2016 | Q3 2016 | C$0.70 | C($0.03) | C$24.80 million | C$24.52 million | View | N/A | |
| 5/10/2016 | Q2 2016 | C$0.54 | C($2.67) | C$24.90 million | C$24.83 million | View | N/A | |
| 2/10/2016 | Q1 2016 | | C($0.78) | | C$25.43 million | View | N/A | |
| 12/9/2015 | Q4 2015 | C$0.73 | C$6.74 | C$25.40 million | C$25.67 million | View | N/A | |
| 7/15/2015 | Q3 2015 | C$0.65 | C($0.90) | | C$25.09 million | View | N/A | |
| 5/12/2015 | Q2 2015 | C$0.60 | C($0.27) | | C$24.99 million | View | N/A | |
| 2/12/2015 | Q1 2015 | C$0.67 | C$0.41 | C$23.80 million | C$24.72 million | View | N/A | |
| 12/10/2014 | Q4 2014 | C$0.62 | C$3.54 | | C$23.98 million | View | N/A | |
| 7/17/2014 | | C$0.59 | C$2.22 | | C$22.95 million | View | N/A | |
| 5/13/2014 | | C$0.55 | C$0.44 | | C$22.03 million | View | N/A | |
| 2/12/2014 | Q1 2014 | C$0.55 | C$0.29 | | C$21.53 million | View | N/A | |
| 7/23/2013 | Q3 2013 | C$0.47 | C($0.07) | | C$19.81 million | View | N/A | |
| 5/9/2013 | Q2 2013 | C$0.40 | C$0.30 | C$19.00 million | C$18.97 million | View | N/A | |
| 7/17/2012 | Q3 2012 | | C$2.50 | | | View | N/A | |
| 5/3/2012 | Q2 2012 | C$0.29 | C$1.26 | | | View | N/A | |
| 3/6/2012 | Q1 2012 | | C$0.43 | | | View | N/A | |
| 12/12/2011 | Q4 2011 | C$0.33 | C($0.06) | | | View | N/A | |
| 7/18/2011 | Q3 2011 | | C($0.04) | | | View | N/A | |
| 5/10/2011 | Q2 2011 | | C($0.14) | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Mainstreet Equity (TSE:MEQ) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Mainstreet Equity (TSE MEQ) Insider Trading and Institutional Ownership History
Mainstreet Equity (TSE MEQ) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/13/2018 | Joe Amantea | Director | Sell | 150 | C$40.00 | C$6,000.00 | | |
| 10/12/2017 | Joe Amantea | Director | Sell | 1,000 | C$34.05 | C$34,050.00 | | |
| 4/5/2017 | Joe Amantea | Director | Sell | 6,200 | C$36.00 | C$223,200.00 | | |
| 7/23/2015 | Richard Grimaldi | Director | Buy | 3,600 | C$26.96 | C$97,056.00 | | |
| 7/22/2015 | Richard Grimaldi | Director | Buy | 1,400 | C$26.99 | C$37,786.00 | | |
| 6/29/2015 | Richard Grimaldi | Director | Buy | 5,000 | C$29.91 | C$149,532.00 | | |
(Data available from 1/1/2013 forward)
Mainstreet Equity (TSE MEQ) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Mainstreet Equity Corp held Annual Shareholder Meeting on March 16, 2018
finance.yahoo.com - March 17 at 10:08 AM |
 | BRIEF-Mainstreet Announces Withdrawal Of Resolution To Approve Stock Option Plan
www.reuters.com - March 12 at 5:07 PM |
| Mainstreet Announces Withdrawal of Resolution to Approve Stock Option Plan
finance.yahoo.com - March 12 at 10:11 AM |
| Today’s Research Reports on: Artis Real Estate Investment Trust, Brookfield Real Estate Services Inc., Dream Hard Asset Alternatives Trust and Mainstreet Equity Corp.
finance.yahoo.com - March 6 at 9:49 AM |
| Today’s Research Reports on Mainstreet Equity Corp., Crombie REIT, Medical Facilities Corporation and Plaza Retail REIT
finance.yahoo.com - February 7 at 8:57 AM |
| Mainstreet Equity Corp. :MEQ-CA: Earnings Analysis: Q4, 2017 By the Numbers : December 21, 2017
finance.yahoo.com - December 21 at 9:20 AM |
 | Mainstreet Equity (MEQ) Price Target Raised to C$44.00
www.americanbankingnews.com - December 14 at 1:30 PM |
| BRIEF-Mainstreet Equity Corp Releases FY 2017 Results
www.reuters.com - December 13 at 5:39 PM |
| Mainstreet Equity Corp Releases FY 2017 Results
finance.yahoo.com - December 13 at 9:36 AM |
| Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
finance.yahoo.com - December 13 at 9:36 AM |
 | 3 Looming Dividend Cuts That Will Shock Investors
www.msn.com - December 2 at 9:58 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 20, 2017
finance.yahoo.com - November 20 at 8:45 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 9, 2017
finance.yahoo.com - November 12 at 6:20 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : October 24, 2017
finance.yahoo.com - October 25 at 7:12 AM |
| Joe Amantea Sells 1,000 Shares of Mainstreet Equity Corp. (MEQ) Stock
www.americanbankingnews.com - October 13 at 1:34 PM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : October 4, 2017
finance.yahoo.com - October 6 at 10:26 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : September 22, 2017
finance.yahoo.com - September 23 at 8:08 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : September 11, 2017
finance.yahoo.com - September 12 at 1:10 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : August 28, 2017
finance.yahoo.com - August 28 at 3:23 PM |
 | Mainstreet Equity: Needs A Catalyst
seekingalpha.com - August 24 at 9:07 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : August 9, 2017
finance.yahoo.com - August 10 at 5:04 AM |
| Mainstreet Equity Corp. :MEQ-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 1:38 AM |
 | Mainstreet Equity Corp. Releases its Q3 2017 Results - MarketWatch
www.marketwatch.com - July 22 at 6:23 AM |
| Mainstreet Equity Corp. (TSE:MEQ) PT Raised to C$39.00 at TD Securities
www.americanbankingnews.com - July 21 at 2:27 PM |
| Mainstreet Equity Corp. (TSE:MEQ) Announces Earnings Results
www.americanbankingnews.com - July 21 at 10:23 AM |
| Mainstreet Equity Corp. Releases its Q3 2017 Results
finance.yahoo.com - July 21 at 2:14 AM |
| Mainstreet Equity Corp. (TSE:MEQ) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 17 at 8:22 AM |
| Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : July 11, 2017
finance.yahoo.com - July 12 at 3:26 AM |
 | Mainstreet Equity Corp held Annual Shareholder...
www.benzinga.com - March 17 at 11:42 PM |
Mainstreet Equity (TSE:MEQ) SEC Filings
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Mainstreet Equity (TSE MEQ) Stock Chart for Friday, April, 20, 2018
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