TSE:MEQ Mainstreet Equity (MEQ) Stock Forecast, Price & News C$135.03 +0.03 (+0.02%) (As of 05/31/2023 ET) Add Compare Share Share Today's RangeC$135.01▼C$135.0550-Day RangeC$125.84▼C$142.2052-Week RangeC$104.00▼C$149.99Volume600 shsAverage Volume3,271 shsMarket CapitalizationC$1.26 billionP/E Ratio11.17Dividend YieldN/APrice TargetC$155.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media Mainstreet Equity MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.8% UpsideC$155.00 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.34Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.69 out of 5 stars 2.5 Analyst's Opinion Consensus RatingMainstreet Equity has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$155.00, Mainstreet Equity has a forecasted upside of 14.8% from its current price of C$135.03.Amount of Analyst CoverageMainstreet Equity has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MEQ. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MEQ. Previous Next 1.9 News and Social Media Coverage News SentimentMainstreet Equity has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Mainstreet Equity this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Mainstreet Equity insiders have not sold or bought any company stock.Percentage Held by Insiders49.02% of the stock of Mainstreet Equity is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.57% of the stock of Mainstreet Equity is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Mainstreet Equity is 11.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Mainstreet Equity is 11.17, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 94.23.Price to Book Value per Share RatioMainstreet Equity has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Mainstreet Equity (TSE:MEQ) StockMainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg. As of September 30, 2022, it had a total portfolio of 15,891 residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and four freestanding commercial buildings. The company is headquartered in Calgary, Canada.Read More Receive MEQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mainstreet Equity and its competitors with MarketBeat's FREE daily newsletter. Email Address MEQ Stock News HeadlinesMay 31, 2023 | ca.finance.yahoo.comStocks in play: Mainstreet Equity CorpMay 31, 2023 | americanbankingnews.comMainstreet Equity (TSE:MEQ) Stock Price Passes Above Two Hundred Day Moving Average of $128.59June 1, 2023 | Vector Vest (Ad)Master the Market: Free Stock Analysis + Buy/Sell/Hold Signals!Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 14, 2023 | americanbankingnews.comMainstreet Equity Corp. (TSE:MEQ) to Post FY2023 Earnings of $6.64 Per Share, Atb Cap Markets ForecastsMay 13, 2023 | americanbankingnews.comMainstreet Equity Corp. to Post Q3 2023 Earnings of $1.60 Per Share, Atb Cap Markets Forecasts (TSE:MEQ)May 9, 2023 | msn.comMainstreet Equity reports Q2 resultsApril 22, 2023 | seekingalpha.comMEQ:CA Mainstreet Equity Corp.April 9, 2023 | americanbankingnews.comMainstreet Equity (TSE:MEQ) Stock Price Passes Above Two Hundred Day Moving Average of $122.39June 1, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...March 21, 2023 | finance.yahoo.comShould You Investigate Mainstreet Equity Corp. (TSE:MEQ) At CA$126?March 3, 2023 | finance.yahoo.comIt Looks Like The CEO Of Mainstreet Equity Corp. (TSE:MEQ) May Be Underpaid Compared To PeersFebruary 6, 2023 | finance.yahoo.comMainstreet Equity Corp.'s (TSE:MEQ) largest shareholders are private companies who were rewarded as market cap surged CA$91m last weekJanuary 4, 2023 | uk.news.yahoo.comShould We Be Cautious About Mainstreet Equity Corp.'s (TSE:MEQ) ROE Of 10.0%?December 23, 2022 | msn.com4 Little-Known, Canadian, Small-Cap Gems You’ll Want to Buy Before Everyone Else DoesDecember 9, 2022 | baystreet.caInflation Still on Radar Screens in U.S.October 12, 2022 | finance.yahoo.comWhy Mainstreet Equity Corp. (TSE:MEQ) Could Be Worth WatchingOctober 3, 2022 | finance.yahoo.comMainstreet Equity Corp. (MEQ.TO)September 16, 2022 | theglobeandmail.comMainstreet Equity: Top 10 Undervalued Real Estate Industry Stocks on TSE (MEQ)July 27, 2022 | seekingalpha.comFixed 6.5% Return On Main Street's Investment Grade BondJuly 26, 2022 | finance.yahoo.comMAINSTREET EQUITY CORP. ANNOUNCES Q3 2022 RESULTSJuly 17, 2022 | theglobeandmail.comHousing, Building Figures Due Next WeekJuly 13, 2022 | apnews.comMAIN STREET ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULEJuly 13, 2022 | finance.yahoo.comMain Street Announces Second Quarter 2022 Private Loan Portfolio ActivityMay 30, 2022 | seekingalpha.comMain Street: This High-Quality 6.9% Yield Is On SaleMay 30, 2022 | marketwatch.comMainstreet Equity Gets OK to Buy Back 10% of Public FloatMay 23, 2022 | yahoo.comMainStreet’s valuation could fall 60% to $200 million amid investor recapitalization pursuitMay 10, 2022 | seekingalpha.comMainstreet Equity reports FQ2 resultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MEQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Mainstreet Equity and its competitors with MarketBeat's FREE daily newsletter. Email Address MEQ Company Calendar Last Earnings7/20/2017Today5/31/2023Next Earnings (Estimated)7/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Independent Oil & Gas Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:MEQ CUSIPN/A CIKN/A Webmainst.biz Phone+1-403-2156060FaxN/AEmployees448Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$155.00 High Stock Price ForecastC$155.00 Low Stock Price ForecastC$155.00 Forecasted Upside/Downside+14.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$12.09 Trailing P/E Ratio11.17 Forward P/E Ratio25.91 P/E GrowthN/ANet IncomeC$113.87 million Net Margins58.90% Pretax MarginN/A Return on Equity9.57% Return on Assets2.19% Debt Debt-to-Equity Ratio120.52 Current Ratio0.34 Quick Ratio0.81 Sales & Book Value Annual SalesC$193.32 million Price / Sales6.51 Cash FlowC$5.18 per share Price / Cash Flow26.09 Book ValueC$133.66 per share Price / Book1.01Miscellaneous Outstanding Shares9,320,000Free FloatN/AMarket CapC$1.26 billion OptionableNot Optionable Beta1.53 Key ExecutivesMr. Navjeet Singh DhillonFounder, Pres, CEO & DirectorMs. Trina N. CuiChief Financial OfficerMs. Sheena J. KeslickVice-Pres of OperationsMr. Joseph B. AmanteaTreasurer, Corp. Sec. & DirectorMr. Jesse GreenwellHead of Communications, Culture & InclusivityMs. Luckresha BakerHR Mang.More ExecutivesKey CompetitorsGreat Bear ResourcesCVE:GBRAthabasca OilTSE:ATHVersaBankTSE:VBCalfrac Well ServicesTSE:CFWJourney EnergyTSE:JOYView All Competitors MEQ Stock - Frequently Asked Questions Should I buy or sell Mainstreet Equity stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mainstreet Equity in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MEQ shares. View MEQ analyst ratings or view top-rated stocks. What is Mainstreet Equity's stock price forecast for 2023? 2 Wall Street research analysts have issued 12 month price targets for Mainstreet Equity's shares. Their MEQ share price forecasts range from C$155.00 to C$155.00. On average, they anticipate the company's stock price to reach C$155.00 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price. View analysts price targets for MEQ or view top-rated stocks among Wall Street analysts. How have MEQ shares performed in 2023? Mainstreet Equity's stock was trading at C$118.00 at the start of the year. Since then, MEQ shares have increased by 14.4% and is now trading at C$135.03. View the best growth stocks for 2023 here. When is Mainstreet Equity's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our MEQ earnings forecast. How were Mainstreet Equity's earnings last quarter? Mainstreet Equity Corp. (TSE:MEQ) posted its quarterly earnings results on Thursday, July, 20th. The company reported ($1.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by $1.69. The firm 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 9.57% and a net margin of 58.90%. 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 mdf commerce (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). 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 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.Compare Top Brokerages Here. What is Mainstreet Equity's stock price today? One share of MEQ stock can currently be purchased for approximately C$135.03. How much money does Mainstreet Equity make? Mainstreet Equity (TSE:MEQ) has a market capitalization of C$1.26 billion and generates C$193.32 million in revenue each year. The company earns C$113.87 million in net income (profit) each year or C$12.09 on an earnings per share basis. How many employees does Mainstreet Equity have? The company employs 448 workers across the globe. How can I contact Mainstreet Equity? Mainstreet Equity's mailing address is 305 10 Ave SE, CALGARY, AB T2G 0W2, Canada. The official website for the company is mainst.biz. The company can be reached via phone at +1-403-2156060. This page (TSE:MEQ) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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. 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