TSE:MEQ - Mainstreet Equity Stock Price, News, & Analysis

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C$56.79 +0.60 (+1.07 %)
(As of 05/22/2019 06:35 AM ET)
Previous CloseC$56.19
Today's RangeC$56.48 - C$56.79
52-Week RangeC$40.45 - C$56.79
Volume1,705 shs
Average Volume1,596 shs
Market CapitalizationC$532.80 million
P/E Ratio7.22
Dividend YieldN/A
BetaN/A
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.

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Industry, Sector and Symbol

Industry Independent Oil & Gas
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
CIKN/A
Phone+1-403-2156060

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$121.21 million
Cash FlowC$0.10 per share
Book ValueC$85.53 per share

Profitability

Miscellaneous

Employees343
Market CapC$532.80 million
Next Earnings Date7/16/2019 (Estimated)
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) issued its quarterly earnings data on Thursday, July, 20th. The company reported ($1.15) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.54 by $1.69. The firm earned $26.38 million during the quarter, compared to analysts' expectations of $25.90 million. View Mainstreet Equity's Earnings History.

When is Mainstreet Equity's next earnings date?

Mainstreet Equity is scheduled to release their next quarterly earnings announcement on Tuesday, July 16th 2019. View Earnings Estimates for Mainstreet Equity.

What price target have analysts set for MEQ?

2 analysts have issued 1 year price objectives for Mainstreet Equity's stock. Their forecasts range from C$55.00 to C$59.00. On average, they anticipate Mainstreet Equity's stock price to reach C$57.00 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for Mainstreet Equity.

What is the consensus analysts' recommendation for Mainstreet Equity?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mainstreet Equity in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mainstreet Equity.

Has Mainstreet Equity been receiving favorable news coverage?

Media headlines about MEQ stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mainstreet Equity earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Mainstreet Equity's key competitors?

What other stocks do shareholders of Mainstreet Equity own?

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. & 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$56.79.

How big of a company is Mainstreet Equity?

Mainstreet Equity has a market capitalization of C$532.80 million and generates C$121.21 million in revenue each year. Mainstreet Equity employs 343 workers across the globe.

What is Mainstreet Equity's official website?

The official website for Mainstreet Equity is http://mainst.biz/.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  325
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.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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