Atb Cap Markets Issues Negative Outlook for TSE:MEQ Earnings

Mainstreet Equity Corp. (TSE:MEQ) – Atb Cap Markets reduced their Q1 2025 earnings per share (EPS) estimates for shares of Mainstreet Equity in a research note issued on Thursday, December 5th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $1.75 per share for the quarter, down from their previous estimate of $1.88. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Mainstreet Equity’s current full-year earnings is $8.19 per share. Atb Cap Markets also issued estimates for Mainstreet Equity’s Q2 2025 earnings at $1.80 EPS, Q3 2025 earnings at $2.00 EPS, FY2025 earnings at $8.12 EPS, Q1 2026 earnings at $2.09 EPS, Q2 2026 earnings at $2.04 EPS, Q3 2026 earnings at $2.24 EPS, Q4 2026 earnings at $2.86 EPS and FY2026 earnings at $9.23 EPS.

Mainstreet Equity Trading Down 0.6 %

MEQ opened at C$201.91 on Monday. The firm has a 50 day simple moving average of C$201.05 and a 200 day simple moving average of C$188.48. Mainstreet Equity has a fifty-two week low of C$141.17 and a fifty-two week high of C$216.37. The company has a market cap of C$1.88 billion, a price-to-earnings ratio of 14.95 and a beta of 1.63. The company has a debt-to-equity ratio of 117.76, a current ratio of 0.40 and a quick ratio of 0.81.

Mainstreet Equity Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th were given a dividend of $0.027 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.05%. The ex-dividend date of this dividend was Thursday, October 17th. Mainstreet Equity’s payout ratio is 0.81%.

About Mainstreet Equity

Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg.