Mainstreet Equity Corp. Company Profile (TSE:MEQ)

About Mainstreet Equity Corp. (TSE:MEQ)

Mainstreet Equity Corp. logoMainstreet Equity Corp. is a Canada-based real estate company, which is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings. The Company is engaged in multi-family residential housing. The Company operates in four Canadian markets: Vancouver/Lower Mainland, Calgary (including the City of Lethbridge and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan) and Saskatoon. The Company has approximately 10 properties in Surrey, British Columbia; over 10 properties in Abbotsford, British Columbia; approximately 120 properties in Edmonton, Alberta; over 30 properties in Calgary and Southern Alberta, Alberta, and approximately 50 in Saskatoon, Saskatchewan. The Company has approximately 9,900 units of investment properties. Its properties include 14831 & 14811 - 104 Ave/14840-105 Ave North, Surrey, British Columbia; 115 Avenue V N, Saskatoon, Saskatchewan, and 11343-124 Street, Edmonton, Alberta.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:MEQ
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$335.04 million
  • Outstanding Shares: 8,887,000
Average Prices:
  • 50 Day Moving Avg: C$36.91
  • 200 Day Moving Avg: C$34.74
  • 52 Week Range: C$30.20 - C$37.75
P/E:
  • Trailing P/E Ratio: 7.77
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$101.51 million
  • Price / Sales: 3.30
  • Book Value: C$65.49 per share
  • Price / Book: 0.58
Profitability:
  • EBIDTA: C$51.44 million
Misc:
  • Average Volume: 4,040 shs.
  • Short Ratio: 223.14
 

Frequently Asked Questions for Mainstreet Equity Corp. (TSE:MEQ)

What is Mainstreet Equity Corp.'s stock symbol?

Mainstreet Equity Corp. trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MEQ."

Where is Mainstreet Equity Corp.'s stock going? Where will Mainstreet Equity Corp.'s stock price be in 2017?

3 brokerages have issued 12-month price targets for Mainstreet Equity Corp.'s shares. Their predictions range from C$34.00 to C$37.00. On average, they expect Mainstreet Equity Corp.'s share price to reach C$35.50 in the next year. View Analyst Ratings for Mainstreet Equity Corp..

Who are some of Mainstreet Equity Corp.'s key competitors?

How do I buy Mainstreet Equity Corp. stock?

Shares of Mainstreet Equity Corp. 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.

How much does a share of Mainstreet Equity Corp. stock cost?

One share of Mainstreet Equity Corp. stock can currently be purchased for approximately C$37.70.

Analyst Ratings

Consensus Ratings for Mainstreet Equity Corp. (TSE:MEQ) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: C$35.50

Analysts' Ratings History for Mainstreet Equity Corp. (TSE:MEQ)
Show:
DateFirmActionRatingPrice TargetDetails
5/10/2017TD SecuritiesLower Price TargetHoldC$38.00 -> C$37.00View Rating Details
2/16/2017AltaCorp CapitalReiterated RatingOutperformView Rating Details
12/7/2016Canaccord GenuityLower Price TargetHoldC$36.00 -> C$34.00View Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Mainstreet Equity Corp. (TSE:MEQ)
Earnings by Quarter for Mainstreet Equity Corp. (TSE:MEQ)
Earnings History by Quarter for Mainstreet Equity Corp. (TSE:MEQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/17/2014$0.59$2.22$22.95 millionViewN/AView Earnings Details
5/13/2014$0.55$0.44$22.03 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mainstreet Equity Corp. (TSE:MEQ)
Current Year EPS Consensus Estimate: $1.22 EPS

Dividends

Dividend History for Mainstreet Equity Corp. (TSE:MEQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Mainstreet Equity Corp. (TSE:MEQ)
Insider Trades by Quarter for Mainstreet Equity Corp. (TSE:MEQ)
Insider Trades by Quarter for Mainstreet Equity Corp. (TSE:MEQ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/5/2017Joe AmanteaDirectorSell6,200C$36.00C$223,200.00
7/23/2015Richard GrimaldiDirectorBuy3,600C$26.96C$97,056.00
7/22/2015Richard GrimaldiDirectorBuy1,400C$26.99C$37,786.00
6/29/2015Richard GrimaldiDirectorBuy5,000C$29.91C$149,532.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Mainstreet Equity Corp. (TSE:MEQ)
Latest Headlines for Mainstreet Equity Corp. (TSE:MEQ)
Source:
DateHeadline
americanbankingnews.com logoMainstreet Equity Corp. (MEQ) PT Lowered to C$37.00
www.americanbankingnews.com - May 10 at 2:48 PM
finance.yahoo.com logoMainstreet Equity Corp. Releases its Q2 2017 Results
finance.yahoo.com - May 9 at 11:50 AM
finance.yahoo.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : May 8, 2017
finance.yahoo.com - May 8 at 12:20 PM
americanbankingnews.com logoJoe Amantea Sells 6,200 Shares of Mainstreet Equity Corp. (MEQ) Stock
www.americanbankingnews.com - April 7 at 4:52 PM
benzinga.com logoMainstreet Equity Corp held Annual Shareholder...
www.benzinga.com - March 17 at 11:42 PM
finance.yahoo.com logoMainstreet Equity Corp held Annual Shareholder Meeting on March 17, 2017
finance.yahoo.com - March 17 at 11:42 PM
finance.yahoo.com logoMainstreet Equity Corp. adds depth to Executive Management Team
finance.yahoo.com - March 1 at 10:59 AM
finance.yahoo.com logoMainstreet Equity Corp. Reports Q1 2017 Results
finance.yahoo.com - February 14 at 8:03 PM
finance.yahoo.com logoMainstreet Releases FY 2016 Results
finance.yahoo.com - December 6 at 9:58 AM
finance.yahoo.com logoMainstreet reports Q3 2016 results
finance.yahoo.com - July 21 at 7:00 AM
finance.yahoo.com logoAnnual and special general meeting of common shareholders of Mainstreet Equity Corp.
finance.yahoo.com - February 16 at 7:00 PM
finance.yahoo.com logoMainstreet announces stable Q1 earnings and plan for growth
finance.yahoo.com - February 10 at 8:00 AM

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Chart

Mainstreet Equity Corp. (MEQ) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff