Mainstreet Equity J (TSE:MEQ)
TSX:MEQ
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MEQ Stock Chart & Stats
C$174.89
-C$1.84(-0.90%)
At close: 4:00 PM EST
C$174.89
-C$1.84(-0.90%)
Day’s Range― - ―
52-Week RangeC$166.03 - C$206.80
Previous CloseN/A
Volume2.23K
Average Volume (3M)4.34K
Market Cap
C$1.56B
Enterprise ValueC$3.34B
Total Cash (Recent Filing)C$148.06M
Total Debt (Recent Filing)C$1.80B
Price to Earnings (P/E)3070.9
Beta0.44
Next Earnings
Jul 28, 2026EPS Estimate
2.32Next Dividend Ex-DateN/A
Dividend Yield0.09%
Share Statistics
EPS (TTM)20.16
Shares Outstanding9,288,718
10 Day Avg. Volume4,316
30 Day Avg. Volume4,337
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)0.96
Price to Sales (P/S)6.29
P/FCF Ratio20.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$245.00Price Target Upside40.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)10.28
Revenue Forecast (FY)C$292.37M
Bulls Say, Bears Say
Bulls Say
Cash Generation / Free Cash FlowConsistent and growing operating cash flow (TTM 102.5M) and matched free cash flow (102.2M) indicate durable cash generation. Strong FCF supports funding of property renovations, maintenance and recurring distributions with less near-term reliance on external financing, reinforcing long-term portfolio value creation and operational resiliency.
Revenue Growth TrendSteady top-line expansion (TTM 283.2M vs 276.3M) reflects sustained rent roll growth and effective property operations. A multi-year upward revenue trajectory underpins net operating income expansion from renovations and rent ups, providing a predictable base for reinvestment and supporting longer-term cash flow stability.
Return On Equity & Improving LeverageMid‑teens ROE (~15.9% TTM) demonstrates effective capital deployment in acquisitions and repositionings. Combined with improving leverage and equity growth over time, this strengthens capacity to pursue accretive renovations and selective acquisitions while gradually reducing balance-sheet strain, supporting durable value creation.
Bears Say
Elevated LeverageDebt roughly in line with equity (debt-to-equity ~0.98) and historically higher levels mean material leverage remains. For a residential real estate operator this elevates interest‑rate and refinancing sensitivity, limits financial flexibility, and increases downside risk if rents or occupancy deteriorate over the medium term.
Earnings Quality / Profitability VolatilityReported net profitability is unusually elevated and volatile year‑to‑year, suggesting material non‑recurring gains or accounting effects. That volatility reduces confidence in recurring distributable earnings, complicates forecasting of sustainable cash available for dividends and reinvestment, and raises earnings predictability concerns.
Cash Conversion SensitivityOperating cash flow covering only a modest share of reported earnings (TTM ~0.59; 2025 ~0.29) indicates earnings can run ahead of cash inflows. That gap increases sensitivity to working‑capital timing and non‑cash items, raising the risk that reported profits may not consistently translate into durable cash for capex or distributions.
Mainstreet Equity News
MEQ FAQ
What was Mainstreet Equity J’s price range in the past 12 months?
Mainstreet Equity J lowest stock price was C$166.03 and its highest was C$206.80 in the past 12 months.
What is Mainstreet Equity J’s market cap?
Mainstreet Equity J’s market cap is C$1.56B.
When is Mainstreet Equity J’s upcoming earnings report date?
Mainstreet Equity J’s upcoming earnings report date is Jul 28, 2026 which is in 68 days.
How were Mainstreet Equity J’s earnings last quarter?
Mainstreet Equity J released its earnings results on May 12, 2026. The company reported C$2.19 earnings per share for the quarter, beating the consensus estimate of C$1.895 by C$0.295.
Is Mainstreet Equity J overvalued?
According to Wall Street analysts Mainstreet Equity J’s price is currently Undervalued.
Does Mainstreet Equity J pay dividends?
Mainstreet Equity J pays a Quarterly dividend of C$0.04 which represents an annual dividend yield of 0.09%. See more information on Mainstreet Equity J dividends here
What is Mainstreet Equity J’s EPS estimate?
Mainstreet Equity J’s EPS estimate is 2.32.
How many shares outstanding does Mainstreet Equity J have?
Mainstreet Equity J has 9,288,718 shares outstanding.
What happened to Mainstreet Equity J’s price movement after its last earnings report?
Mainstreet Equity J reported an EPS of C$2.19 in its last earnings report, beating expectations of C$1.895. Following the earnings report the stock price went down -1.904%.
Which hedge fund is a major shareholder of Mainstreet Equity J?
Currently, no hedge funds are holding shares in TSE:MEQ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mainstreet Equity Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$245.00 (40.09% Upside)
C$245.00 (40.09% Upside)
Insider Transactions
Sold Shares
Worth C$1.8M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.49%
12-Months-Change
Fundamentals
Return on Equity
10.42%
Trailing 12-Months
Asset Growth
5.37%
Trailing 12-Months
Company Description
Mainstreet Equity J
Mainstreet Equity Corp. engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties in Western Canada. The company owns a portfolio of multi-family residential properties in Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, it had a total portfolio of 15,071 revenue producing units consisting of townhouses, garden-style apartments, and concrete mid-rise and high-rise apartments, condo suites and 2 freestanding commercial houses. The company was founded in 1997 and is headquartered in Calgary, Canada.
MEQ Stock 12 Month Forecast
Average Price Target
C$245.00
▲(40.09% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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