Mainstreet Equity Corp. (MEQYF)
| Market Cap | 1.29B |
| Revenue (ttm) | 185.33M |
| Net Income (ttm) | 170.74M |
| Shares Out | n/a |
| EPS (ttm) | 18.32 |
| PE Ratio | 7.58 |
| Forward PE | 22.33 |
| Dividend | 0.10 (0.07%) |
| Ex-Dividend Date | Apr 17, 2025 |
| Volume | 1,403 |
| Average Volume | 265 |
| Open | 139.20 |
| Previous Close | 139.20 |
| Day's Range | 139.20 - 139.50 |
| 52-Week Range | 123.20 - 148.68 |
| Beta | 1.24 |
| RSI | 54.02 |
| Earnings Date | May 8, 2025 |
About Mainstreet Equity
Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding commercial buildings. The company is based in Calgary, Canada. [Read more]
Financial Performance
In 2024, Mainstreet Equity's revenue was 249.80 million, an increase of 18.93% compared to the previous year's 210.03 million. Earnings were 199.88 million, an increase of 82.68%.
Financial numbers in CAD Financial StatementsNews
Mainstreet Equity Corp. Achieved 14th Consecutive Quarter of Double-digit Growth in Q2 2025
CALGARY, Alberta — In Q2 2025, Mainstreet posted a 14th consecutive quarter of double-digit, year-over-year growth across major key operating metrics. In the face of global economic uncertainty, trade...
Mainstreet Equity Corp. Achieved 14th Consecutive Quarter of Double-digit Growth in Q2 2025
CALGARY, Alberta--(BUSINESS WIRE)--In Q2 2025, Mainstreet posted a 14th consecutive quarter of double-digit, year-over-year growth across major key operating metrics. In the face of global economic un...
Mainstreet Equity Corp. declares CAD 0.04 dividend
Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2025
CALGARY, Alberta — Mainstreet Equity Corp. (TSX: MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.04 per Common Share o...
Mainstreet Equity: Under The Radar For Far Too Long
Mainstreet Equity's business model of acquiring undervalued mid-rise apartments, enhancing them, and reinvesting earnings has led to a 7340% stock growth since inception. The company's structure as a ...
Jerome Hass' Top Picks: Mainstreet Equity, DRI Healthcare Trust & Secure Waste Infrastructure
Jerome Hass, portfolio manager at Lightwater Partners, shares his top stock picks to watch in the market.
Mainstreet Equity: A Winning Formula To Beat The REIT
Mainstreet Equity outperforms S&P 500 with strategic growth and focus on middle-income tenants in Western Canada, rewarding shareholders with dividends. Read more here.
Mainstreet Equity Corp. Achieved 13th Consecutive Quarter of Double-Digit Growth in Q1 2025
CALGARY, Alberta — In Q1 2025, Mainstreet posted our 13th consecutive quarter of double-digit, year-over-year growth across all key operating metrics. Despite Q1 being a typically slower winter rental...
Mainstreet Equity Corp. Achieved 13th Consecutive Quarter of Double-Digit Growth in Q1 2025
CALGARY, Alberta--(BUSINESS WIRE)--In Q1 2025, Mainstreet posted our 13th consecutive quarter of double-digit, year-over-year growth across all key operating metrics. Despite Q1 being a typically slow...
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Mainstreet Equity Corp. raises dividend by 45%
Mainstreet Equity Corp. Announces Quarterly Dividend Increase for Period Ending December 31, 2024
CALGARY, Alberta — Mainstreet Equity Corp. (TSX, MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.04 per Common Share o...
Mainstreet Equity Corp. Announces Quarterly Dividend Increase for Period Ending December 31, 2024
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX, MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.04 pe...
Mainstreet Equity reports FY2024 results
Mainstreet Equity (MEQ:CA) reports double-digit growth in FY 2024, with significant increases in FFO, NOI, and rental revenues.
Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending September 30, 2024
CALGARY, Alberta — Mainstreet Equity Corp. (TSX, MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.0275 per Common Share...
Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending September 30, 2024
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX, MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.0275 ...
Mainstreet Equity achieves 11th quarter of double-digit growth in Q3
CALGARY, Alberta--(BUSINESS WIRE)--In Q3 2024, Mainstreet posted our 11th consecutive quarter of double-digit, year-over-year growth across all key operating metrics. Funds from operations (“FFO”) bef...
Mainstreet Equity Achieves Tenth Consecutive Quarter of Double-digit Growth in Q2
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet posted our tenth consecutive quarter of double-digit, year-over-year growth across all key operating metrics in Q2 2024. Funds from operations (“FFO”) bef...
Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending March 31, 2024
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX, MEQ) today announces that the Board of Directors of Mainstreet Equity Corp. (Mainstreet) declared a quarterly cash dividend of $0.0275 ...
Mainstreet Equity Corp. Announces Quarterly Dividend for period ending December 31, 2023
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet announces quarterly dividend for the quarter ending December 31, 2023.
Mainstreet Equity Corp. Annual General Meeting Results
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) is pleased to announce the results of its annual general meeting of shareholders held March 9, ...