Mainstreet Equity Corp.

Equities

MEQ

CA5609151009

Real Estate Development & Operations

Market Closed - Toronto S.E. 03:59:58 2024-04-24 pm EDT 5-day change 1st Jan Change
181.5 CAD -1.00% Intraday chart for Mainstreet Equity Corp. -2.94% +24.30%

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Mainstreet Equity Corp. Announces Quarterly Dividend for Period Ended March 31, 2024, Payable on April 30, 2024 CI
Mainstreet Equity's Fiscal Q1 FFO, Profit Climbs; Gross Revenue Rises; Provides 2024 Outlook; Up 1.5% MT
Mainstreet Equity's Fiscal Q1 FFO, Profit Climbs; Gross Revenue Rises; Provides 2024 Outlook MT
Mainstreet Equity Corp Brief: Adds FFO increased 23%, net operating income Increased 23%, same-asset NOI rose 16% and rental revenues grew 19% MT
Mainstreet Equity Corp Brief: Says Q1 FFO" before current income tax grew near Fastest rates in Mainstreet history at 32% MT
Mainstreet Equity Corp. Reports Earnings Results for the First Quarter Ended December 31, 2023 CI
Mainstreet Equity Corp. Announces to Pay Nominal Quarterly Dividend for First Quarter of 2024 CI
Mainstreet Equity Corp. Declares Quarterly Cash Dividend for the Quarter Ending December 31, 2023, Payable on January 31, 2024 CI
Mainstreet Equity Corp. Reports Earnings Results for the Full Year Ended September 30, 2023 CI
Mainstreet Equity Corp Provides Operations Update, Introduces New Nominal Dividend Policy MT
Mainstreet Equity Corp Brief: Says Achieved 24 Years of "Continued Double-digit Growth Across Key Metrics" MT
Mainstreet Equity Corp. Plans to Introduce Nominal Dividend Starting in the first quarter of 2024 CI
Tranche Update on Mainstreet Equity Corp.'s Equity Buyback Plan announced on May 31, 2023. CI
Mainstreet Equity Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023 CI
Mainstreet Equity Books Double-Digit Growth YOY Across All Key Operating Metrics In Fiscal Q3 MT
Mainstreet Equity Corrects Date Range For Normal Course Issuer Bid MT
Mainstreet Equity Corp Brief: Announcing Normal Course Issuer Bid MT
Mainstreet Equity Obtains TSX Approval for Normal Course Issuer Bid MT
Mainstreet Equity Corp Brief: Announcing Normal Course Issuer Bid MT
Tranche Update on Mainstreet Equity Corp.'s Equity Buyback Plan announced on May 30, 2022. CI
Mainstreet Equity Corp. announces an Equity Buyback for 474,499 shares, representing 5.09% of its issued share capital. CI
Mainstreet Equity Corp.'s Equity Buyback announced on May 30, 2022, has expired with 17,200 shares, representing 0.18% for CAD 1.97 million. CI
Mainstreet Equity Corp. authorizes a Buyback Plan. CI
Mainstreet Equity Corp FFO Grew 25% in Q2, NOI Increased 18%, and Revenues Rose 16% MT
Mainstreet Equity Corp Brief: Funds from operations Grew 25% in Q2, NOI increased 18%, and revenues rose 16% (on a per-share basis, FFO grew 26% from $1.21 to $1.52 in Q2 2023) MT
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Mainstreet Equity Corp. is a Canada-based real estate company. The Company is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings in Western Canada. It owns and manages properties in six Canadian markets: British Columbia (including Vancouver Lower Mainland, Vancouver Island, Okanagan and Northern BC), Calgary (including the City of Airdrie, the City of Lethbridge, and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan), Saskatoon, Regina and Winnipeg. Its apartments are situated in various location such as Airdrie, Calgary, Cochrane, Edmonton, Abbotsford, Chilliwack, Courtenay, Kamloops, New Westminster, Penticton, Prince George, Surrey, Vernon, Winnipeg, Regina and Saskatoon. The Company provides incentives and rentals for Foreign Students attending school in Canada. It also provides student housing facilities, including MacEwan University, University of Alberta, NAIT and NorQuest College.
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Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
181.5 CAD
Average target price
185 CAD
Spread / Average Target
+1.93%
Consensus
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  5. Mainstreet Equity Reports Higher Fiscal Q3 Net Operating Income, Revenue