Mainstreet Equity Corp. Company Profile (TSE:MEQ)

About Mainstreet Equity Corp.

Mainstreet Equity Corp. 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.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: MEQ
  • CUSIP:
Key Metrics:
  • Previous Close: $35.79
  • 50 Day Moving Average: $33.80
  • 200 Day Moving Average: $32.60
  • 52-Week Range: C$30.00 - C$37.98
  • Trailing P/E Ratio: 16.28
  • P/E Growth: 0.00
  • Market Cap: $317.92M
  • Outstanding Shares: 8,883,000
Additional Links:

Analyst Ratings

Consensus Ratings for Mainstreet Equity Corp. (TSE:MEQ) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: C$36.00

Analysts' Ratings History for Mainstreet Equity Corp. (TSE:MEQ)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017AltaCorp CapitalReiterated RatingOutperformView Rating Details
2/15/2017TD SecuritiesReiterated RatingHoldC$38.00View Rating Details
12/7/2016Canaccord GenuityLower Price TargetHoldC$36.00 -> C$34.00View Rating Details
5/21/2015Dundee SecuritiesLower Price TargetBuyC$46.00 -> C$45.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Mainstreet Equity Corp. (TSE:MEQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
7/18/2014$0.59$2.22ViewN/AView Earnings Details
5/14/2014$0.55$0.44ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mainstreet Equity Corp. (TSE:MEQ)
Current Year EPS Consensus Estimate: $2.05 EPS

Dividends

Dividend History for Mainstreet Equity Corp. (TSE:MEQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Mainstreet Equity Corp. (TSE:MEQ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Mainstreet Equity Corp. (TSE:MEQ)
DateHeadline
finance.yahoo.com logoMainstreet Equity Corp. Reports Q1 2017 Results (TSE:MEQ)
finance.yahoo.com - February 14 at 8:03 PM
News IconWhy Could Mainstreet Equity Corp (TSX:MEQ) Not Be As Efficient As Its Industry In The Past Year? - Simply Wall St (TSE:MEQ)
simplywall.st - February 9 at 7:31 PM
News IconShares at a Glance: Technical Update on Mainstreet Equity Corp. (MEQ.TO) - Rives Journal (TSE:MEQ)
rivesjournal.com - February 7 at 6:55 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : February 3, 2017 (TSE:MEQ)
www.capitalcube.com - February 3 at 7:14 PM
News IconCCI Level Check for Mainstreet Equity Corp. (MEQ.TO) - Rives Journal (TSE:MEQ)
rivesjournal.com - January 26 at 1:00 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : January 5, 2017 (TSE:MEQ)
www.capitalcube.com - January 5 at 7:54 PM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : December 26, 2016 (TSE:MEQ)
www.capitalcube.com - December 26 at 10:11 AM
capitalcube.com logoETFs with exposure to Mainstreet Equity Corp. : December 23, 2016 (TSE:MEQ)
www.capitalcube.com - December 23 at 6:44 PM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : December 16, 2016 (TSE:MEQ)
www.capitalcube.com - December 16 at 7:05 PM
News IconInvestor Brief: Checking Technical Levels on Shares of Mainstreet Equity Corp. (MEQ.TO) - Wall Street Confidential (TSE:MEQ)
wsconfidential.com - December 16 at 12:10 AM
capitalcube.com logoETFs with exposure to Mainstreet Equity Corp. : December 12, 2016 (TSE:MEQ)
www.capitalcube.com - December 12 at 6:39 PM
capitalcube.com logoMainstreet Equity Corp. :MEQ-CA: Earnings Analysis: Q4, 2016 By the Numbers : December 9, 2016 (TSE:MEQ)
www.capitalcube.com - December 9 at 9:17 AM
capitalcube.com logoMainstreet Equity Corp. :MEQ-CA: Earnings Analysis: 2016 By the Numbers : December 8, 2016 (TSE:MEQ)
www.capitalcube.com - December 8 at 10:00 AM
finance.yahoo.com logoMainstreet Releases FY 2016 Results (TSE:MEQ)
finance.yahoo.com - December 6 at 9:58 AM
capitalcube.com logoETFs with exposure to Mainstreet Equity Corp. : November 30, 2016 (TSE:MEQ)
www.capitalcube.com - November 30 at 6:40 PM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : MEQ-CA : November 29, 2016 (TSE:MEQ)
www.capitalcube.com - November 29 at 2:53 PM
capitalcube.com logoETF’s with exposure to Mainstreet Equity Corp. : October 19, 2016 (TSE:MEQ)
www.capitalcube.com - October 19 at 6:28 PM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : October 12, 2016 (TSE:MEQ)
www.capitalcube.com - October 12 at 11:27 AM
capitalcube.com logoETF’s with exposure to Mainstreet Equity Corp. : August 23, 2016 (TSE:MEQ)
www.capitalcube.com - August 23 at 6:19 PM
business.financialpost.com logoRetailer Aritzia files for IPO on TSX amid record slow year for Canadian public offerings (TSE:MEQ)
business.financialpost.com - August 21 at 10:23 AM
finance.yahoo.com logoMainstreet reports Q3 2016 results (TSE:MEQ)
finance.yahoo.com - July 21 at 7:00 AM
capitalcube.com logoETF’s with exposure to Mainstreet Equity Corp. : July 19, 2016 (TSE:MEQ)
www.capitalcube.com - July 19 at 12:46 PM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : July 12, 2016 (TSE:MEQ)
www.capitalcube.com - July 12 at 9:02 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : June 13, 2016 (TSE:MEQ)
www.capitalcube.com - June 13 at 9:00 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : MEQ-CA : June 2, 2016 (TSE:MEQ)
www.capitalcube.com - June 2 at 8:26 AM
publicnow.com logoMainstreet Announces Normal Course Issuer Bid (TSE:MEQ)
www.publicnow.com - May 30 at 6:50 AM
finance.yahoo.com logoAnnual and special general meeting of common shareholders of Mainstreet Equity Corp. (TSE:MEQ)
finance.yahoo.com - February 16 at 7:00 PM
capitalcube.com logoMainstreet Equity Corp. Earnings Analysis: Q1, 2016 By the Numbers (TSE:MEQ)
www.capitalcube.com - February 16 at 2:21 PM
finance.yahoo.com logoMainstreet announces stable Q1 earnings and plan for growth (TSE:MEQ)
finance.yahoo.com - February 10 at 8:00 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : December 14, 2015 (TSE:MEQ)
www.capitalcube.com - December 14 at 12:48 PM
noodls.com logoMainstreet Equity Corp. Reports Five Straight Years of Double-Digit Growth in Key Metrics (TSE:MEQ)
www.noodls.com - December 9 at 7:30 AM
noodls.com logoMainstreet Answers Government's Call to Help Syrian Refugees with Offer of at Least 200 Apartment Units (TSE:MEQ)
www.noodls.com - November 25 at 8:15 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bearish Manner : November 5, 2015 (TSE:MEQ)
www.capitalcube.com - November 5 at 11:18 AM
capitalcube.com logoETF’s with exposure to Mainstreet Equity Corp. : October 12, 2015 (TSE:MEQ)
www.capitalcube.com - October 12 at 11:49 AM
capitalcube.com logoMainstreet Equity Corp. breached its 50 day moving average in a Bullish Manner : October 12, 2015 (TSE:MEQ)
www.capitalcube.com - October 12 at 10:19 AM
capitalcube.com logoMainstreet Equity Corp. Earnings Q3, 2015 (TSE:MEQ)
www.capitalcube.com - September 2 at 1:53 PM
capitalcube.com logoMainstreet Equity Corp. Earnings Q2*, 2015 (TSE:MEQ)
www.capitalcube.com - August 6 at 10:20 AM
noodls.com logoMainstreet reports 19th consecutive quarter of double-digit growth (TSE:MEQ)
www.noodls.com - July 15 at 7:20 AM
noodls.com logoMainstreet reports 18th consecutive quarter of double-digit growth (TSE:MEQ)
www.noodls.com - May 12 at 7:26 AM

Social

What is Mainstreet Equity Corp.'s stock symbol?

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

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

3 brokerages have issued twelve-month price objectives for Mainstreet Equity Corp.'s shares. Their forecasts range from C$34.00 to C$38.00. On average, they anticipate Mainstreet Equity Corp.'s stock price to reach C$36.00 in the next twelve months.

When will Mainstreet Equity Corp. announce their earnings?

Mainstreet Equity Corp. is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

How do I buy Mainstreet Equity Corp. stock?

Shares of Mainstreet Equity Corp. 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.

How much does a share of Mainstreet Equity Corp. stock cost?

One share of Mainstreet Equity Corp. stock can currently be purchased for approximately C$35.79.

Mainstreet Equity Corp. (TSE:MEQ) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Mainstreet Equity Corp. (TSE:MEQ)

Earnings History Chart

Earnings by Quarter for Mainstreet Equity Corp. (TSE:MEQ)

Dividend History Chart

Dividend Payments by Quarter for Mainstreet Equity Corp. (TSE:MEQ)

Last Updated on 2/23/2017 by MarketBeat.com Staff