Mainstreet Equity Corp. (TSX: MEQ)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.57B |
| Revenue (ttm) | 229.05M |
| Net Income (ttm) | 175.85M |
| Shares Out | 9.32M |
| EPS (ttm) | 18.88 |
| PE Ratio | 8.78 |
| Forward PE | 27.93 |
| Dividend | 0.06 (0.03%) |
| Ex-Dividend Date | Apr 15, 2024 |
| Volume | 4,630 |
| Open | 168.34 |
| Previous Close | 165.72 |
| Day's Range | n/a |
| 52-Week Range | 130.00 - 194.57 |
| Beta | 1.61 |
| Analysts | n/a |
| Price Target | 205.00 (+21.66%) |
| Earnings Date | Jul 23, 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 in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg. 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 2023, MEQ's revenue was 210.03 million, an increase of 16.31% compared to the previous year's 180.57 million. Earnings were 109.41 million, a decrease of -9.23%.
Financial StatementsNews
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, ...