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TSE:MEQ

Mainstreet Equity (MEQ) Stock Price, News & Analysis

C$191.65
+1.17 (+0.61%)
(As of 07/26/2024 ET)
Today's Range
C$190.64
C$192.79
50-Day Range
C$160.00
C$192.84
52-Week Range
C$130.00
C$194.57
Volume
2,543 shs
Average Volume
3,367 shs
Market Capitalization
C$1.79 billion
P/E Ratio
10.95
Dividend Yield
0.06%
Price Target
C$205.00

Mainstreet Equity MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.0% Upside
C$205.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.21mentions of Mainstreet Equity in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
C$87,600 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.13 out of 5 stars

MEQ stock logo

About Mainstreet Equity Stock (TSE:MEQ)

Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding commercial buildings. The company is based in Calgary, Canada.

MEQ Stock Price History

MEQ Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Mainstreet Equity Corp. Cyber Incident
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Mainstreet Equity Corp MEQ
Main Street Capital: Attractive Yield And Valuation
Mainstreet Equity Corp.
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/15/2024
Dividend Payable
4/30/2024
Last Earnings
5/07/2024
Ex-Dividend for 7/31 Dividend
7/17/2024
Today
7/27/2024
Dividend Payable
7/31/2024
Next Earnings (Estimated)
12/04/2024

Industry, Sector and Symbol

Industry
Real Estate Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
526
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$205.00
High Stock Price Target
C$220.00
Low Stock Price Target
C$180.00
Potential Upside/Downside
+7.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
C$162.96 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$219.51 million
Cash Flow
C$7.35 per share
Book Value
C$148.92 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.79 billion
Optionable
Not Optionable
Beta
1.55
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Key Executives

  • Mr. Navjeet Singh Dhillon
    Founder, President, CEO & Director
  • Ms. Trina N. Cui
    Chief Financial Officer
  • Mr. Jesse Greenwell
    Head of Communications, Culture & Inclusivity
  • Ms. Luckresha Baker
    Human Resources Manager
  • Mr. Joseph B. Amantea
    Treasurer, Corporate Secretary & Director

MEQ Stock Analysis - Frequently Asked Questions

How have MEQ shares performed this year?

Mainstreet Equity's stock was trading at C$146.02 on January 1st, 2024. Since then, MEQ shares have increased by 31.2% and is now trading at C$191.65.
View the best growth stocks for 2024 here
.

How were Mainstreet Equity's earnings last quarter?

Mainstreet Equity Corp. (TSE:MEQ) announced its earnings results on Tuesday, May, 7th. The company reported $3.61 earnings per share for the quarter, beating the consensus estimate of $1.99 by $1.62. The company earned $61.25 million during the quarter, compared to analyst estimates of $58.95 million. Mainstreet Equity had a net margin of 74.24% and a trailing twelve-month return on equity of 12.47%.

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 other stocks do shareholders of Mainstreet Equity own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Loblaw Companies (L).

This page (TSE:MEQ) was last updated on 7/27/2024 by MarketBeat.com Staff

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