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Mainstreet Equity J (TSE:MEQ)
TSX:MEQ
MEQ Stock Chart & Stats
C$182.60
-C$1.84(-0.90%)
At close: 4:00 PM EST
C$182.60
-C$1.84(-0.90%)
Day’s Range― - ―
52-Week RangeC$170.00 - C$206.80
Previous CloseN/A
Volume2.23K
Average Volume (3M)4.34K
Market Cap
C$1.65B
Enterprise ValueC$3.50B
Total Cash (Recent Filing)C$154.57M
Total Debt (Recent Filing)C$1.81B
Price to Earnings (P/E)5.9
Beta0.32
Next Earnings
May 12, 2026EPS Estimate
1.9Next Dividend Ex-DateN/A
Dividend Yield0.09%
Share Statistics
EPS (TTM)3.56
Shares Outstanding9,297,918
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$240.00Price Target Upside31.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Consistent Revenue GrowthSustained revenue expansion over multiple years indicates durable demand for rental units and successful portfolio growth. For a multi‑family operator, rising top line supports increased net operating income, funds reinvestment in assets, and underpins longer‑term earnings resilience.
High Reported ProfitabilityElevated gross and EBIT margins reflect operating leverage from property management, scale efficiencies, and value‑add renovation programs that lift rents. If core rental margins persist, they provide durable cash generation and capacity to finance maintenance and selective acquisitions.
Large Asset Base With Strong ROEA sizable asset base and growing equity give the company scale to pursue accretive acquisitions and renovations. A ~17% ROE indicates historically effective capital allocation within the portfolio, supporting the ability to compound shareholder value over multiple years.
Bears Say
Meaningful LeverageDebt roughly equal to equity raises refinancing and interest rate sensitivity for a capital‑intensive landlord. Higher leverage amplifies downside from property value swings and increases financing costs, restricting flexibility for opportunistic buys or larger capex during market stress.
Weak Cash ConversionLow conversion of reported earnings into operating cash flow implies earnings include non‑cash items or timing effects. This weak cash conversion constrains internal funding for dividends, maintenance, and growth, increasing reliance on external financing or asset sales.
Unusually High Net Margin (One‑offs Risk)A net margin above 100% suggests reported profits may be driven by non‑recurring items or accounting effects rather than recurring rental operations. This reduces predictability of future earnings and complicates forecasting of sustainable cash flows and dividend capacity.
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$170.00 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$1.65B.
When is Mainstreet Equity J’s upcoming earnings report date?
Mainstreet Equity J’s upcoming earnings report date is May 12, 2026 which is in 77 days.
How were Mainstreet Equity J’s earnings last quarter?
Mainstreet Equity J released its earnings results on Feb 10, 2026. The company reported C$3.56 earnings per share for the quarter, beating the consensus estimate of C$2.208 by C$1.352.
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 1.9.
How many shares outstanding does Mainstreet Equity J have?
Mainstreet Equity J has 9,297,918 shares outstanding.
What happened to Mainstreet Equity J’s price movement after its last earnings report?
Mainstreet Equity J reported an EPS of C$3.56 in its last earnings report, beating expectations of C$2.208. Following the earnings report the stock price went up 0.762%.
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
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.49%
12-Months-Change
Fundamentals
Return on Equity
17.29%
Trailing 12-Months
Asset Growth
13.27%
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$240.00
▲(31.43% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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