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, Regina, and Saskatoon. As of September 30, 2018, it had a total portfolio of 11,776 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
Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
Phone+1-403-2156060
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$115.67 million
Profitability
Miscellaneous
Employees343
OptionableNot Optionable
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 earnings results on Thursday, December, 13th. The company reported $3.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $2.86. The firm earned $31.09 million during the quarter, compared to analysts' expectations of $28.80 million. 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 12 month price objectives for Mainstreet Equity's shares. Their predictions range from C$53.00 to C$53.00. On average, they anticipate Mainstreet Equity's share price to reach C$53.00 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Mainstreet Equity.
Has Mainstreet Equity been receiving favorable news coverage?
News headlines about MEQ stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mainstreet Equity earned a news impact score of 1.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
Who are some of Mainstreet Equity's key competitors?
Some companies that are related to Mainstreet Equity include Almaden Minerals (AMM), Altai Resources (ATI), American Patriot Oil & Gas (AOW), Argos Resources (ARG), Armour Energy (AJQ), Ascent Resources (AST), Athabasca Oil (ATH), Bahamas Petroleum (BPC), Bayshore Petroleum (BSH), Beach Energy (BPT), Bellatrix Exploration (BXE), Bengal Energy (BNG), Borders & Southern Petroleum (BOR), Byron Energy (BYE) and Cairn Energy (CNE).
Who are Mainstreet Equity's key executives?
Mainstreet Equity's management team includes the folowing people:
- Mr. Navjeet S. Dhillon, Pres, CEO & Director
- Ms. Trina N. Cui, Chief Financial Officer
- Mr. Johnny C. S. Lam, Chief Operating Officer
- Mr. Joseph B. Amantea, Corp. Sec., Treasurer & Director
- Ms. Sheena J. Keslick, VP of Operations
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$40.79.
How big of a company is Mainstreet Equity?
Mainstreet Equity has a market capitalization of C$360.26 million and generates C$115.67 million in revenue each year. Mainstreet Equity employs 343 workers across the globe.
What is Mainstreet Equity's official website?
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.
