Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties primarily in Western Canada. The company owns a portfolio of mid-market rental apartment buildings in Vancouver lower mainland, Calgary and Southern Alberta, Edmonton, and Saskatoon. As of September 30, 2017, it had a total portfolio of 10, 480 residential units consisting of townhouses, garden-style apartments, and midrise and high-rise apartments. The company was founded in 1997 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
SymbolTSE:MEQ
CUSIPN/A
Phone+1-403-2156060
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins12.71%
Return on Equity2.03%
Return on Assets0.81%
Miscellaneous
EmployeesN/A
Outstanding Shares8,832,000
Market CapC$353.29
Mainstreet Equity (TSE:MEQ) Frequently Asked Questions
What is Mainstreet Equity's stock symbol?
Mainstreet Equity trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MEQ."
How were Mainstreet Equity's earnings last quarter?
Mainstreet Equity Corp. (TSE:MEQ) issued its quarterly earnings results on Tuesday, May, 8th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.70 by $0.43. The company earned $28.33 million during the quarter, compared to analyst estimates of $28.88 million. Mainstreet Equity had a net margin of 12.71% and a return on equity of 2.03%. View Mainstreet Equity's Earnings History.
When is Mainstreet Equity's next earnings date?
What price target have analysts set for MEQ?
1 analysts have issued twelve-month price targets for Mainstreet Equity's stock. Their predictions range from C$48.00 to C$48.00. On average, they expect Mainstreet Equity's share price to reach C$48.00 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Ratings for Mainstreet Equity.
What is the consensus analysts' recommendation for Mainstreet Equity?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mainstreet Equity in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Mainstreet Equity's key competitors?
Some companies that are related to Mainstreet Equity include Gran Tierra Energy (GTE), Nuvista Energy (NVA), Cairn Energy (CNE), Calfrac Well Services (CFW), Hurricane Energy (HUR), Nostrum Oil & Gas (NOG), Athabasca Oil (ATH), Cooper Energy (COE), Ophir Energy (OPHR), Genel Energy (GENL), Faroe Petroleum (FPM), Sino Gas & Energy (SEH), SOCO International (SIA), Karoon Gas Australia (KAR) and GMP Capital (GMP).
Who are Mainstreet Equity's key executives?
Mainstreet Equity's management team includes the folowing people:
- Mr. Navjeet S. Dhillon, Pres, CEO & Director
- Mr. Johnny C. S. Lam, Chief Operating Officer
- Mr. Joseph B. Amantea, Corp. Sec., Treasurer & Director
- Ms. Sheena J. Keslick, VP of Operations
- Ms. Trina N. Cui, Chief Financial Officer
Has Mainstreet Equity been receiving favorable news coverage?
Media headlines about MEQ stock have been trending somewhat negative on Monday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mainstreet Equity earned a news sentiment score of 0.00 on Accern's scale. They also assigned news stories about the company an impact score of 44.27 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
How do I buy shares of Mainstreet Equity?
Shares of MEQ 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.
What is Mainstreet Equity's stock price today?
One share of MEQ stock can currently be purchased for approximately C$45.25.
How big of a company is Mainstreet Equity?
Mainstreet Equity has a market capitalization of C$353.29 million.
How can I contact Mainstreet Equity?
Mainstreet Equity's mailing address is 305 10 Ave SE, CALGARY, AB T2G 0W2, Canada. The company can be reached via phone at +1-403-2156060.
MarketBeat Community Rating for Mainstreet Equity (TSE MEQ)
MarketBeat's community ratings are surveys of what our community members think about Mainstreet Equity and other stocks. Vote "Outperform" if you believe MEQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MEQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
