Mainstreet Equity Stock Price, News & Analysis (TSE:MEQ)

C$40.50 1.05 (2.66 %)
(As of 12/15/2017 01:15 AM ET)
Previous CloseC$39.45
Today's RangeC$39.50 - C$40.50
52-Week RangeC$32.40 - C$40.50
Volume5,765 shs
Average Volume3,659 shs
Market CapitalizationC$342.62 million
P/E RatioN/A
Dividend YieldN/A
Beta0.92

About Mainstreet Equity (TSE:MEQ)

Mainstreet Equity 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.

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Industry, Sector and Symbol

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

Trailing EPSC$2.74
Net IncomeN/A
Net Margins-38.73%
Return on Equity-7.11%
Return on Assets-2.65%

Miscellaneous

EmployeesN/A
Outstanding Shares8,857,000

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) announced its quarterly earnings results on Thursday, July, 20th. The company reported ($1.15) EPS for the quarter, missing the consensus estimate of $0.54 by $1.69. The company earned $26.38 million during the quarter, compared to analysts' expectations of $25.90 million. Mainstreet Equity had a negative return on equity of 7.11% and a negative net margin of 38.73%. View Mainstreet Equity's Earnings History.

When will Mainstreet Equity make its next earnings announcement?

Mainstreet Equity is scheduled to release their next quarterly earnings announcement on Tuesday, February, 13th 2018. View Earnings Estimates for Mainstreet Equity.

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

2 Wall Street analysts have issued 12 month target prices for Mainstreet Equity's shares. Their predictions range from C$44.00 to C$44.00. On average, they expect Mainstreet Equity's share price to reach C$44.00 in the next twelve months. View Analyst Ratings for Mainstreet Equity.

Who are some of Mainstreet Equity's key competitors?

Who are Mainstreet Equity's key executives?

Mainstreet Equity's management team includes the folowing people:

  • Navjeet N. Dhillon, President, Chief Executive Officer, Director
  • Trina Cui, Chief Financial Officer
  • Johnny C. S. Lam, Chief Operating Officer
  • Joseph B. Amantea, Corporate Secretary, Director
  • Ron B. Anderson, Independent Director (Age 57)
  • Karanveer V. Dhillon, Independent Director
  • Richard Grimaldi, Independent Director
  • John Irwin, Independent Director

How do I buy Mainstreet Equity stock?

Shares of Mainstreet Equity 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 Mainstreet Equity stock can currently be purchased for approximately C$40.50.

How big of a company is Mainstreet Equity?

Mainstreet Equity has a market capitalization of C$342.62 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 (MEQ)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  76 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  193
MarketBeat's community ratings are surveys of what our community members think about Mainstreet Equity and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Mainstreet Equity (TSE:MEQ) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.332.332.332.33
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: C$39.00C$36.50C$36.50C$35.50
Price Target Upside: 1.14% downside2.35% downside2.35% downside4.18% downside

Mainstreet Equity (TSE:MEQ) Consensus Price Target History

Price Target History for Mainstreet Equity (TSE:MEQ)

Mainstreet Equity (TSE:MEQ) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
12/14/2017TD SecuritiesBoost Price TargetHoldC$39.00 -> C$44.00View 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 12/15/2015 forward)

Earnings

Mainstreet Equity (TSE:MEQ) Earnings History and Estimates Chart

Earnings by Quarter for Mainstreet Equity (TSE:MEQ)

Mainstreet Equity (TSE MEQ) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/13/2018        
7/20/2017Q3 2017C$0.54C($1.15)C$25.90 millionC$26.38 millionViewN/AView Earnings Details
7/17/2014C$0.59C$2.22C$22.95 millionViewN/AView Earnings Details
5/13/2014C$0.55C$0.44C$22.03 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Mainstreet Equity (TSE:MEQ) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Mainstreet Equity (TSE:MEQ)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Mainstreet Equity (TSE MEQ) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Mainstreet Equity (TSE:MEQ)

Mainstreet Equity (TSE MEQ) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/12/2017Joe AmanteaDirectorSell1,000C$34.05C$34,050.00
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

Mainstreet Equity (TSE MEQ) News Headlines

Source:
DateHeadline
Mainstreet Equity (MEQ) Price Target Raised to C$44.00Mainstreet Equity (MEQ) Price Target Raised to C$44.00
www.americanbankingnews.com - December 14 at 1:30 PM
BRIEF-Mainstreet Equity Corp Releases FY 2017 ResultsBRIEF-Mainstreet Equity Corp Releases FY 2017 Results
www.reuters.com - December 13 at 5:39 PM
Mainstreet Equity Corp Releases FY 2017 ResultsMainstreet Equity Corp Releases FY 2017 Results
finance.yahoo.com - December 13 at 9:36 AM
Boardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity CorporationBoardwalk REIT agrees to sell a 641-unit apartment portfolio in Regina, Saskatchewan to Mainstreet Equity Corporation
finance.yahoo.com - December 13 at 9:36 AM
3 Looming Dividend Cuts That Will Shock Investors3 Looming Dividend Cuts That Will Shock Investors
www.msn.com - December 2 at 9:58 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 20, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 20, 2017
finance.yahoo.com - November 20 at 8:45 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 9, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 9, 2017
finance.yahoo.com - November 12 at 6:20 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : October 24, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : October 24, 2017
finance.yahoo.com - October 25 at 7:12 AM
Joe Amantea Sells 1,000 Shares of Mainstreet Equity Corp. (MEQ) StockJoe Amantea Sells 1,000 Shares of Mainstreet Equity Corp. (MEQ) Stock
www.americanbankingnews.com - October 13 at 1:34 PM
Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : October 4, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : October 4, 2017
finance.yahoo.com - October 6 at 10:26 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : September 22, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : September 22, 2017
finance.yahoo.com - September 23 at 8:08 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : September 11, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : September 11, 2017
finance.yahoo.com - September 12 at 1:10 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : August 28, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : August 28, 2017
finance.yahoo.com - August 28 at 3:23 PM
Mainstreet Equity: Needs A CatalystMainstreet Equity: Needs A Catalyst
seekingalpha.com - August 24 at 9:07 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : August 9, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : August 9, 2017
finance.yahoo.com - August 10 at 5:04 AM
Mainstreet Equity Corp. :MEQ-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 3, 2017Mainstreet Equity Corp. :MEQ-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 1:38 AM
Mainstreet Equity Corp. Releases its Q3 2017 Results - MarketWatchMainstreet Equity Corp. Releases its Q3 2017 Results - MarketWatch
www.marketwatch.com - July 22 at 6:23 AM
Mainstreet Equity Corp. (TSE:MEQ) PT Raised to C$39.00 at TD SecuritiesMainstreet Equity Corp. (TSE:MEQ) PT Raised to C$39.00 at TD Securities
www.americanbankingnews.com - July 21 at 2:27 PM
Mainstreet Equity Corp. (TSE:MEQ) Announces  Earnings ResultsMainstreet Equity Corp. (TSE:MEQ) Announces Earnings Results
www.americanbankingnews.com - July 21 at 10:23 AM
Mainstreet Equity Corp. Releases its Q3 2017 ResultsMainstreet Equity Corp. Releases its Q3 2017 Results
finance.yahoo.com - July 21 at 2:14 AM
Mainstreet Equity Corp. (TSE:MEQ) Set to Announce Earnings on WednesdayMainstreet Equity Corp. (TSE:MEQ) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 17 at 8:22 AM
Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : July 11, 2017Mainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : July 11, 2017
finance.yahoo.com - July 12 at 3:26 AM
Mainstreet Equity Corp held Annual Shareholder...Mainstreet Equity Corp held Annual Shareholder...
www.benzinga.com - March 17 at 11:42 PM

SEC Filings

Mainstreet Equity (TSE:MEQ) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Mainstreet Equity (TSE MEQ) Stock Chart for Friday, December, 15, 2017

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This page was last updated on 12/15/2017 by MarketBeat.com Staff

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