Mainstreet Equity Corp. (TSX:MEQ)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.86B |
| Revenue (ttm) | 272.72M |
| Net Income (ttm) | 256.70M |
| Shares Out | 9.32M |
| EPS (ttm) | 27.55 |
| PE Ratio | 7.26 |
| Forward PE | 22.58 |
| Dividend | 0.16 (0.08%) |
| Ex-Dividend Date | Jul 17, 2025 |
| Volume | 4,094 |
| Average Volume | 3,666 |
| Open | 206.80 |
| Previous Close | 203.36 |
| Day's Range | 200.00 - 206.80 |
| 52-Week Range | 179.50 - 216.37 |
| Beta | 1.03 |
| RSI | 65.21 |
| Earnings Date | Jul 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]
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 Delivers 15th Straight Quarter of Double-Digit Growth Amid Economic Uncertainty
CALGARY, Alberta--(BUSINESS WIRE)--Mainstreet Equity Corp. (TSX: MEQ) today announced its 15th consecutive quarter of double-digit year-over-year growth, reinforcing the strength and resilience of its...
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 ...
Mainstreet Equity Corp. declares CAD 0.04 dividend
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...
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...
Mainstreet Equity to conduct normal course issuer bid
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...
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...
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...
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 ...
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...
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...
Mainstreet Equity Corp. declares CAD 0.04 dividend
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...
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 ...
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.
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.
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...
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...
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.
Mainstreet Equity Corp. raises dividend by 45%
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...
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...
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.