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TSE:MEQ

Mainstreet Equity - MEQ Stock Forecast, Price & News

C$127.22
+0.72 (+0.57%)
(As of 03/24/2023 11:33 AM ET)
Add
Compare
Today's Range
C$127.22
▼
C$127.22
50-Day Range
C$123.00
▼
C$145.62
52-Week Range
C$104.00
▼
C$149.99
Volume
100 shs
Average Volume
3,795 shs
Market Capitalization
C$1.19 billion
P/E Ratio
9.52
Dividend Yield
N/A
Price Target
C$155.00

MEQ stock logo

About Mainstreet Equity (TSE:MEQ) Stock

Mainstreet 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.

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MEQ Stock News Headlines

March 21, 2023 | finance.yahoo.com
Should You Investigate Mainstreet Equity Corp. (TSE:MEQ) At CA$126?
March 3, 2023 | finance.yahoo.com
It Looks Like The CEO Of Mainstreet Equity Corp. (TSE:MEQ) May Be Underpaid Compared To Peers
March 24, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
February 6, 2023 | finance.yahoo.com
Mainstreet Equity Corp.'s (TSE:MEQ) largest shareholders are private companies who were rewarded as market cap surged CA$91m last week
December 23, 2022 | msn.com
4 Little-Known, Canadian, Small-Cap Gems You’ll Want to Buy Before Everyone Else Does
December 9, 2022 | baystreet.ca
Inflation Still on Radar Screens in U.S.
October 12, 2022 | finance.yahoo.com
Why Mainstreet Equity Corp. (TSE:MEQ) Could Be Worth Watching
October 3, 2022 | finance.yahoo.com
Mainstreet Equity Corp. (MEQ.TO)
March 24, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
September 16, 2022 | theglobeandmail.com
Mainstreet Equity: Top 10 Undervalued Real Estate Industry Stocks on TSE (MEQ)
July 27, 2022 | seekingalpha.com
Fixed 6.5% Return On Main Street's Investment Grade Bond
July 26, 2022 | finance.yahoo.com
MAINSTREET EQUITY CORP. ANNOUNCES Q3 2022 RESULTS
July 17, 2022 | theglobeandmail.com
Housing, Building Figures Due Next Week
July 13, 2022 | apnews.com
MAIN STREET ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE
July 13, 2022 | finance.yahoo.com
Main Street Announces Second Quarter 2022 Private Loan Portfolio Activity
May 30, 2022 | seekingalpha.com
Main Street: This High-Quality 6.9% Yield Is On Sale
May 30, 2022 | marketwatch.com
Mainstreet Equity Gets OK to Buy Back 10% of Public Float
May 10, 2022 | seekingalpha.com
Mainstreet Equity reports FQ2 results
May 10, 2022 | finance.yahoo.com
MAINSTREET EQUITY CORP. ANNOUNCES Q2 2022 RESULTS
May 9, 2022 | ca.investing.com
2 Real Estate Stocks to Buy in a Housing Correction
May 5, 2022 | finance.yahoo.com
Is There Now An Opportunity In Mainstreet Equity Corp. (TSE:MEQ)?
May 4, 2022 | msn.com
2 Residential Real Estate Stocks for Rapid Growth
April 10, 2022 | msn.com
3 Best Value Stocks to Buy in Canada
March 25, 2022 | finance.yahoo.com
Mainstreet Equity Corp. Women Lead Here
March 11, 2022 | finance.yahoo.com
Mainstreet Equity Corp. held Annual and Special Shareholder Meeting on March 10, 2022
March 9, 2022 | finance.yahoo.com
What Type Of Shareholders Make Up Mainstreet Equity Corp.'s (TSE:MEQ) Share Registry?
March 7, 2022 | finance.yahoo.com
Leading Canadian real estate company offers housing, supplies for Ukrainians
See More Headlines
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MEQ Company Calendar

Last Earnings
7/20/2017
Today
3/24/2023
Next Earnings (Estimated)
5/09/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Independent Oil & Gas
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:MEQ
CUSIP
N/A
CIK
N/A
Web
mainst.biz
Phone
+1-403-2156060
Fax
N/A
Employees
448
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$155.00
High Stock Price Forecast
C$155.00
Low Stock Price Forecast
C$155.00
Forecasted Upside/Downside
+22.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$13.36
Trailing P/E Ratio
9.47
Forward P/E Ratio
24.54
P/E Growth
N/A
Net Income
C$123.13 million
Net Margins
66.14%
Pretax Margin
N/A
Return on Equity
10.57%
Return on Assets
2.16%

Debt

Debt-to-Equity Ratio
117.39
Current Ratio
0.39
Quick Ratio
0.81

Sales & Book Value

Annual Sales
C$186.18 million
Price / Sales
6.33
Cash Flow
C$4.85 per share
Price / Cash Flow
26.09
Book Value
C$131.43 per share
Price / Book
0.96

Miscellaneous

Outstanding Shares
9,320,000
Free Float
N/A
Market Cap
C$1.18 billion
Optionable
Not Optionable
Beta
1.53

Key Executives

  • Mr. Navjeet Singh Dhillon
    Founder, Pres, CEO & Director
  • Ms. Trina N. Cui
    Chief Financial Officer
  • Ms. Sheena J. Keslick
    Vice-Pres of Operations
  • Mr. Joseph B. Amantea
    Treasurer, Corp. Sec. & Director
  • Mr. Jesse Greenwell
    Head of Communications, Culture & Inclusivity
  • Ms. Luckresha Baker
    HR Mang.

Key Competitors

View All Competitors













MEQ Stock - Frequently Asked Questions

Should I buy or sell Mainstreet Equity stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mainstreet Equity in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 1-year price objectives 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 22.5% 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 beginning of the year. Since then, MEQ stock has increased by 7.2% and is now trading at C$126.50.
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, May 9th 2023.
View our MEQ earnings forecast.

How were Mainstreet Equity's earnings last quarter?

Mainstreet Equity Corp. (TSE:MEQ) issued its quarterly earnings data on Thursday, July, 20th. The company reported ($1.15) earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by $1.69. The business earned $26.38 million during the quarter, compared to analysts' expectations of $25.90 million. Mainstreet Equity had a trailing twelve-month return on equity of 10.57% and a net margin of 66.14%.

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$126.50.

How much money does Mainstreet Equity make?

Mainstreet Equity (TSE:MEQ) has a market capitalization of C$1.18 billion and generates C$186.18 million in revenue each year. The company earns C$123.13 million in net income (profit) each year or C$13.36 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 3/24/2023 by MarketBeat.com Staff