Mainstreet Equity Corp. (TSX:MEQ)

Canada flag Canada · Delayed Price · Currency is CAD
189.44
+4.44 (2.40%)
Aug 1, 2025, 4:00 PM EDT
2.40%
Market Cap1.77B
Revenue (ttm)266.38M
Net Income (ttm)245.42M
Shares Out9.32M
EPS (ttm)26.34
PE Ratio7.19
Forward PE22.33
Dividend0.16 (0.09%)
Ex-Dividend DateJul 17, 2025
Volume4,130
Average Volume2,441
Open187.00
Previous Close185.00
Day's Range186.01 - 189.44
52-Week Range179.50 - 216.37
Beta1.03
RSI51.26
Earnings DateJul 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]

CEO Navjeet Dhillon
Employees 597
Stock Exchange Toronto Stock Exchange
Ticker Symbol MEQ
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 Statements

News

MainStreet Bancshares Inc. Reports Strong Second Quarter Earnings

Net Income Climbs on Net Interest Margin Expansion and Strategic Balance Sheet Management FARIFAX, Va., July 22, 2025 /PRNewswire/ -- MainStreet Bancshares, Inc. (Nasdaq: MNSB & MNSBP), the financial ...

10 days ago - PRNewsWire

Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending June 30, 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...

23 days ago - Financial Post

Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ending June 30, 2025

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...

23 days ago - Business Wire

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...

2 months 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...

2 months 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...

2 months 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 ...

2 months 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...

3 months 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...

3 months 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...

3 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 ...

5 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.

5 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.

6 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...

6 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...

6 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.

6 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...

7 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...

7 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.

8 months ago - Seeking Alpha

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.

10 months ago - BNN Bloomberg

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...

10 months ago - Financial Post