Mainstreet Equity Corp. (TSX: MEQ)

Canada flag Canada · Delayed Price · Currency is CAD
174.17
+0.67 (0.39%)
May 17, 2024, 3:59 PM EDT
23.66%
Market Cap 1.62B
Revenue (ttm) 229.05M
Net Income (ttm) 175.85M
Shares Out 9.32M
EPS (ttm) 18.88
PE Ratio 9.95
Forward PE 27.93
Dividend 0.06 (0.03%)
Ex-Dividend Date Apr 15, 2024
Volume 1,742
Open 173.50
Previous Close 173.50
Day's Range 172.74 - 174.17
52-Week Range 127.66 - 194.57
Beta 1.55
Analysts n/a
Price Target 205.00 (+17.7%)
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]

Sector Real Estate
CEO Navjeet Singh Dhillon
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol MEQ
Full Company Profile

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 Statements

News

Mainstreet Equity reports Q1 results

12 days ago - Seeking Alpha

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...

12 days ago - Business Wire

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...

5 weeks ago - Financial Post

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 ...

5 weeks ago - Business Wire

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

4 months ago - Seeking Alpha

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.

4 months ago - Business Wire

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, ...

1 year ago - Business Wire