Want to see TSE:MEQ full AI Analyst Report?
MEQ Stock Chart & Stats
C$177.72
C$0.65(0.37%)
At close: 4:00 PM EDT
C$177.72
C$0.65(0.37%)
Day’s Range― - ―
52-Week RangeC$160.08 - C$206.09
Previous CloseN/A
Volume1.94K
Average Volume (3M)4.34K
Market Cap
C$1.57B
Enterprise ValueC$3.23K
Total Cash (Recent Filing)C$142.55M
Total Debt (Recent Filing)C$1.80B
Price to Earnings (P/E)9.1
Beta0.35
Next Earnings
Dec 09, 2026EPS Estimate
2.62Next Dividend Ex-DateN/A
Dividend Yield0.16%
Share Statistics
EPS (TTM)18.80
Shares Outstanding9,262,230
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$217.50Price Target Upside22.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)9.61
Revenue Forecast (FY)C$292.63M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthMainstreet has shown durable top-line momentum with multiyear revenue expansion and very high TTM growth, indicating sustained demand for its renovated rental units. Persistent revenue growth supports long-term NOI expansion and provides a base for reinvestment and dividends.
Positive Free Cash Flow ConversionFree cash flow consistently tracking net income implies the company converts accounting earnings into distributable cash. This durable cash generation enhances ability to fund capex, renovations, dividends and service debt, even with episodic valuation adjustments in earnings.
Value-Add Multi-Family Business ModelA repeatable value‑add strategy—acquiring older buildings, renovating and managing them—creates a structural route to improve rents and occupancy. In-house management and upgrade focus provide competitive advantages in sourcing, executing renovations and extracting long-term cash flow.
Bears Say
Earnings-Quality ConcernsReported margins and net income appear unusually elevated and at times exceed revenue, signaling reliance on fair-value and non-operating gains. Over the medium term this can produce volatile reported profits and weaker predictability of distributable earnings and retained cash.
Meaningful LeverageLeverage above peer comfort levels reduces financial flexibility and raises refinancing risk if rates or valuations shift. Even with recent improvement, sustained above-average debt magnifies downside to equity in property downturns and constrains opportunistic investment capacity.
Weak Operating Cash CoverageOperating cash flow covering under half of net income indicates earnings include non-cash or timing items. Persistently weak OCF backing limits confidence in recurring cash available for dividends and debt service, increasing liquidity sensitivity during cyclical stress.
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$160.08 and its highest was C$206.09 in the past 12 months.
What is Mainstreet Equity J’s market cap?
Mainstreet Equity J’s market cap is C$1.57B.
When is Mainstreet Equity J’s upcoming earnings report date?
Mainstreet Equity J’s upcoming earnings report date is Dec 09, 2026 which is in 116 days.
How were Mainstreet Equity J’s earnings last quarter?
Mainstreet Equity J released its earnings results on Aug 05, 2026. The company reported C$3.64 earnings per share for the quarter, beating the consensus estimate of C$2.32 by C$1.32.
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$0.08 which represents an annual dividend yield of 0.16%. See more information on Mainstreet Equity J dividends here
What is Mainstreet Equity J’s EPS estimate?
Mainstreet Equity J’s EPS estimate is 2.62.
How many shares outstanding does Mainstreet Equity J have?
Mainstreet Equity J has 9,262,230 shares outstanding.
What happened to Mainstreet Equity J’s price movement after its last earnings report?
Mainstreet Equity J reported an EPS of C$3.64 in its last earnings report, beating expectations of C$2.32. Following the earnings report the stock price went down -1.441%.
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
0.16%
Trailing 12-Months
Asset Growth
5.37%
Trailing 12-Months
Company Description
Mainstreet Equity J
Mainstreet Equity Corp. focuses on the acquisition, disposition, value enhancement, and active management of multi-family residential properties across Western Canada. The company boasts a significant property portfolio in key regions including Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, its total holdings comprised 15,071 revenue-generating units, a diverse collection featuring townhouses, garden apartments, concrete mid and high-rise apartment buildings, condominium suites, and two independent commercial houses. The firm was established in 1997 and operates from its headquarters in Calgary, Canada.
MEQ Stock 12 Month Forecast
Average Price Target
C$217.50
▲(22.38% Upside)
Technical Analysis
Altus Group
―
Imperial Equities
―
Storagevault Canada
―
Parkit Enterprise
―
Bridgemarq Real Estate Services
―