Mainstreet Equity (MEQ) Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our MEQ earnings forecast.

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%.

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).

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

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.
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One share of MEQ stock can currently be purchased for approximately C$135.03.

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.

The company employs 448 workers across the globe.

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.