Mainstreet Equity Corp. (TSE:MEQ) Set to Announce Earnings on Wednesday
Mainstreet Equity Corp. (TSE:MEQ) will be releasing its earnings data before the market opens on Wednesday, July 19th. Analysts expect Mainstreet Equity Corp. to post earnings of $0.54 per share for the quarter.
Shares of Mainstreet Equity Corp. (TSE MEQ) opened at 37.00 on Monday. The company’s 50-day moving average is $37.19 and its 200 day moving average is $35.49. The firm has a market cap of $328.82 million and a price-to-earnings ratio of 7.62. Mainstreet Equity Corp. has a 52-week low of $30.20 and a 52-week high of $38.04.
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Separately, TD Securities dropped their price objective on shares of Mainstreet Equity Corp. from C$38.00 to C$37.00 and set a “hold” rating on the stock in a research note on Wednesday, May 10th.
Mainstreet Equity Corp. Company Profile
Mainstreet Equity Corp. is a Canada-based real estate company, which is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings. The Company is engaged in multi-family residential housing. The Company operates in four Canadian markets: Vancouver/Lower Mainland, Calgary (including the City of Lethbridge and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan) and Saskatoon.
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