MEQ Stock Overview
Engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada.
Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 1/6 |
Past Performance | 1/6 |
Financial Health | 1/6 |
Dividends | 0/6 |
Rewards
Risk Analysis
Mainstreet Equity Corp. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CA$192.45 |
52 Week High | CA$198.16 |
52 Week Low | CA$130.00 |
Beta | 1.65 |
11 Month Change | 5.35% |
3 Month Change | 12.09% |
1 Year Change | 46.57% |
33 Year Change | 60.59% |
5 Year Change | 199.02% |
Change since IPO | 9,287.80% |
Recent News & Updates
Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?
Aug 16Earnings Miss: Mainstreet Equity Corp. Missed EPS And Analysts Are Revising Their Forecasts
Jul 26Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?
Jun 18Recent updates
Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?
Aug 16Earnings Miss: Mainstreet Equity Corp. Missed EPS And Analysts Are Revising Their Forecasts
Jul 26Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?
Jun 18Why Mainstreet Equity Corp. (TSE:MEQ) Could Be Worth Watching
Apr 12Mainstreet Equity Corp.'s (TSE:MEQ) Low P/E No Reason For Excitement
Mar 11Additional Considerations Required While Assessing Mainstreet Equity's (TSE:MEQ) Strong Earnings
Feb 13Results: Mainstreet Equity Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 09We Think Mainstreet Equity (TSE:MEQ) Is Taking Some Risk With Its Debt
Jul 05Should You Investigate Mainstreet Equity Corp. (TSE:MEQ) At CA$136?
May 12Is Mainstreet Equity (TSE:MEQ) A Risky Investment?
Feb 01Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?
Sep 23At CA$120, Is Mainstreet Equity Corp. (TSE:MEQ) Worth Looking At Closely?
Aug 31What Is Mainstreet Equity Corp.'s (TSE:MEQ) Share Price Doing?
May 11Is It Too Late To Consider Buying Mainstreet Equity Corp. (TSE:MEQ)?
Aug 25Is Mainstreet Equity (TSE:MEQ) Using Too Much Debt?
May 04Is Now The Time To Look At Buying Mainstreet Equity Corp. (TSE:MEQ)?
Apr 12It's Unlikely That Mainstreet Equity Corp.'s (TSE:MEQ) CEO Will See A Huge Pay Rise This Year
Mar 06Can You Imagine How Jubilant Mainstreet Equity's (TSE:MEQ) Shareholders Feel About Its 151% Share Price Gain?
Feb 19Boasting A 7.9% Return On Equity, Is Mainstreet Equity Corp. (TSE:MEQ) A Top Quality Stock?
Feb 04Did Mainstreet Equity Corp. (TSE:MEQ) Insiders Sell Shares?
Jan 22At CA$74.57, Is It Time To Put Mainstreet Equity Corp. (TSE:MEQ) On Your Watch List?
Jan 07We Wouldn't Rely On Mainstreet Equity's (TSE:MEQ) Statutory Earnings As A Guide
Dec 23What Percentage Of Mainstreet Equity Corp. (TSE:MEQ) Shares Do Insiders Own?
Dec 09Mainstreet Equity (TSE:MEQ) Takes On Some Risk With Its Use Of Debt
Nov 24Shareholder Returns
MEQ | CA Real Estate | CA Market | |
---|---|---|---|
7D | 0.2% | 4.1% | 2.9% |
1Y | 46.6% | 22.1% | 15.1% |
Return vs Industry: MEQ exceeded the Canadian Real Estate industry which returned 21% over the past year.
Return vs Market: MEQ exceeded the Canadian Market which returned 14.9% over the past year.
Price Volatility
MEQ volatility | |
---|---|
MEQ Average Weekly Movement | 2.9% |
Real Estate Industry Average Movement | 5.2% |
Market Average Movement | 8.0% |
10% most volatile stocks in CA Market | 16.9% |
10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: MEQ has not had significant price volatility in the past 3 months.
Volatility Over Time: MEQ's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
n/a | 526 | Bob Dhillon | www.mainst.biz |
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.
Mainstreet Equity Corp. Fundamentals Summary
MEQ fundamental statistics | |
---|---|
Market cap | CA$1.75b |
Earnings (TTM) | CA$125.85m |
Revenue (TTM) | CA$238.63m |
14.3x
P/E Ratio7.5x
P/S RatioIs MEQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
MEQ income statement (TTM) | |
---|---|
Revenue | CA$238.63m |
Cost of Revenue | CA$87.00m |
Gross Profit | CA$151.63m |
Other Expenses | CA$25.79m |
Earnings | CA$125.85m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | 13.50 |
Gross Margin | 63.54% |
Net Profit Margin | 52.74% |
Debt/Equity Ratio | 117.8% |
How did MEQ perform over the long term?
See historical performance and comparison