Mainstreet Equity Corp. (TSX: MEQ)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.96B |
| Revenue (ttm) | 249.80M |
| Net Income (ttm) | 199.88M |
| Shares Out | 9.32M |
| EPS (ttm) | 21.45 |
| PE Ratio | 9.79 |
| Forward PE | 25.44 |
| Dividend | 0.11 (0.05%) |
| Ex-Dividend Date | Oct 17, 2024 |
| Volume | 899 |
| Open | 208.61 |
| Previous Close | 207.13 |
| Day's Range | 208.60 - 210.00 |
| 52-Week Range | 142.00 - 216.37 |
| Beta | 1.63 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Dec 10, 2024 |
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 StatementsNews
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.
Jordan Zinberg's Past Picks: Mainstreet Equity Corp., Lumine Group, and Source Energy Services.
Jordan Zinberg, president and CEO of Bedford Park Capital, discusses his past picks: Mainstreet Equity Corp., Lumine Group, and Source Energy Services.
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 Offers Housing Assistance to Jasper Fire Evacuees
CALGARY, Alberta — Mainstreet Equity Corp. (TSX: MEQ) is Canada’s leading real estate corporation on the TSX, specializing in mid-market apartment buildings, in western Canada. Mainstreet has responde...
Jordan Zinberg's Past Picks: Mainstreet Equity, Lumine Group, and Source Energy Services
Jordan Zinberg, president and CEO of Bedford Park Capital, discusses his past picks: Mainstreet Equity, Lumine Group, and Source Energy Services.
Mainstreet Equity achieves 11th quarter of double-digit growth in Q3
CALGARY, Alberta — 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”) before current inco...
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 Corp. declares CAD 0.0275 dividend
Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending June 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 announces normal course issuer bid
Mainstreet 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 ...
Mainstreet Equity Corp. Cyber Incident
CALGARY, Alberta — On May 21, 2024, Mainstreet Equity Corp. (TSX: MEQ) was the target of a cybersecurity incident, which affected Mainstreet’s internal systems. At this time Mainstreet has no reason t...
Mainstreet Equity reports Q1 results
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 — 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 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. declares $0.0275 dividend
Mainstreet Equity Corp. (MEQ:CA) declares $0.0275/share quarterly dividend, Payable Jan. 31; for shareholders of record Jan. 16; ex-div Jan. 15. See MEQ:CA Divi
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, ...