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TSE:MEQMainstreet Equity Stock Price, Forecast & News

C$68.01
-0.57 (-0.83 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
C$68.01
Now: C$68.01
C$68.01
50-Day Range
C$52.00
MA: C$66.32
C$72.85
52-Week Range
C$41.75
Now: C$68.01
C$96.25
Volume105 shs
Average Volume4,944 shs
Market CapitalizationC$635.89 million
P/E Ratio12.90
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.40 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$145.20 million
Cash FlowC$1.08 per share
Book ValueC$85.77 per share

Profitability

Miscellaneous

Employees343
Market CapC$635.89 million
Next Earnings Date7/28/2020 (Estimated)
OptionableNot Optionable

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Mainstreet Equity (TSE:MEQ) Frequently Asked Questions

How has Mainstreet Equity's stock been impacted by COVID-19 (Coronavirus)?

Mainstreet Equity's stock was trading at C$78.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MEQ stock has decreased by 12.8% and is now trading at C$68.01. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Mainstreet Equity's next earnings date?

Mainstreet Equity is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Mainstreet Equity.

How were Mainstreet Equity's earnings last quarter?

Mainstreet Equity Corp. (TSE:MEQ) released its earnings results on Tuesday, June, 23rd. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $1.22 by $0.83. The business earned $37.23 million during the quarter, compared to analysts' expectations of $37.64 million. View Mainstreet Equity's earnings history.

What price target have analysts set for MEQ?

1 Wall Street analysts have issued 12 month price targets for Mainstreet Equity's shares. Their forecasts range from C$82.00 to C$100.00. On average, they anticipate Mainstreet Equity's share price to reach C$95.50 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price. View analysts' price targets for Mainstreet Equity.

Has Mainstreet Equity been receiving favorable news coverage?

News articles about MEQ stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mainstreet Equity earned a media sentiment score of -2.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View the latest news about Mainstreet Equity.

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 following 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

What is Mainstreet Equity's stock symbol?

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

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$68.01.

How big of a company is Mainstreet Equity?

Mainstreet Equity has a market capitalization of C$635.89 million and generates C$145.20 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 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.

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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