Mainstreet Equity Corp. (MEQYF)

OTCMKTS · Delayed Price · Currency is USD
138.97
-0.79 (-0.57%)
At close: Jun 10, 2025
2.69%
Market Cap 1.31B
Revenue (ttm) 185.33M
Net Income (ttm) 170.75M
Shares Out n/a
EPS (ttm) 18.32
PE Ratio 7.67
Forward PE 22.66
Dividend 0.10 (0.07%)
Ex-Dividend Date Apr 17, 2025
Volume 214
Average Volume 267
Open 138.97
Previous Close 139.76
Day's Range 138.97 - 138.97
52-Week Range 123.20 - 148.68
Beta 1.03
RSI 52.87
Earnings Date Jul 24, 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]

Sector Real Estate
CEO Navjeet Dhillon
Employees 597
Stock Exchange OTCMKTS
Ticker Symbol MEQYF
Full Company Profile

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 Statements

News

Mainstreet Equity Corp. Announces Normal Course Issuer Bid

CALGARY, Alberta — Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to make a normal c...

19 days ago - Financial Post

Mainstreet Equity Corp. Announces Normal Course Issuer Bid

CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) today announced that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to...

19 days ago - Business Wire

Mainstreet Equity Corp. (MEQ) Opens the Market

Toronto, Ontario--(Newsfile Corp. - May 29, 2025) - Bob Dhillon, Founder and Chief Executive Officer, Mainstreet Equity Corp. (TSX: MEQ) ("Mainstreet" or the "Company") and his team, joined Omar Khafa...

20 days ago - Newsfile Corp

Mainstreet Equity: A Quality Compounder Hiding In Plain Sight

Mainstreet Equity has delivered exceptional, long-term returns by reinvesting profits into acquiring and renovating underperforming apartment units. The company's simple, repeatable six-step business ...

4 weeks ago - Seeking Alpha

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...

6 weeks ago - Financial Post

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...

6 weeks ago - Business Wire

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...

2 months ago - Financial Post

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 ...

4 months ago - Seeking Alpha

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.

4 months ago - BNN Bloomberg

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.

4 months ago - Seeking Alpha

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...

4 months ago - Financial Post

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...

4 months ago - Business Wire

Top 3 Energy Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

4 months ago - Benzinga

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...

5 months ago - Financial Post

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...

5 months ago - Business Wire

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.

6 months ago - Seeking Alpha

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...

8 months ago - Financial Post

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 ...

8 months ago - Business Wire

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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.

1 year ago - Business Wire