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NASDAQ:MGYR

Magyar Bancorp (MGYR) Stock Price, News & Analysis

Magyar Bancorp logo
$14.46 -0.14 (-0.97%)
As of 04:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Magyar Bancorp Stock (NASDAQ:MGYR)

Key Stats

Today's Range
$14.56
$14.56
50-Day Range
$13.25
$14.74
52-Week Range
$10.30
$14.74
Volume
175 shs
Average Volume
1,516 shs
Market Capitalization
$94.97 million
P/E Ratio
11.66
Dividend Yield
1.38%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company also provides residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. The company has branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

Magyar Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
46th Percentile Overall Score

MGYR MarketRank™: 

Magyar Bancorp scored higher than 46% of companies evaluated by MarketBeat, and ranked 664th out of 962 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Magyar Bancorp.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Magyar Bancorp is 11.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Magyar Bancorp is 11.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.48.

  • Price to Book Value per Share Ratio

    Magyar Bancorp has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.09% of the float of Magyar Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Magyar Bancorp has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Magyar Bancorp has recently increased by 2.17%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Magyar Bancorp pays a meaningful dividend of 1.41%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Magyar Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Magyar Bancorp is 16.13%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Magyar Bancorp's dividend.
  • Percentage of Shares Shorted

    0.09% of the float of Magyar Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Magyar Bancorp has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Magyar Bancorp has recently increased by 2.17%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Magyar Bancorp has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Magyar Bancorp this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Magyar Bancorp insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.40% of the stock of Magyar Bancorp is held by insiders.

  • Percentage Held by Institutions

    46.32% of the stock of Magyar Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Magyar Bancorp's insider trading history.
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MGYR Stock News Headlines

Will Elon trigger another AI flash crash?
AI continues to dominate financial headlines in 2025...
Magyar Bancorp Declares Special Cash Dividend
Magyar Bancorp declares special cash dividend of 4c per share
MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND
See More Headlines

MGYR Stock Analysis - Frequently Asked Questions

Magyar Bancorp's stock was trading at $14.60 on January 1st, 2025. Since then, MGYR shares have decreased by 1.0% and is now trading at $14.4550.
View the best growth stocks for 2025 here
.

Magyar Bancorp, Inc. (NASDAQ:MGYR) posted its earnings results on Thursday, January, 23rd. The bank reported $0.33 EPS for the quarter. Magyar Bancorp had a net margin of 14.91% and a trailing twelve-month return on equity of 7.18%.

Magyar Bancorp subsidiaries include Magbank Investment Company, and Magyar Service Corp..

Shares of MGYR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Magyar Bancorp investors own include Lincoln National (LNC), AT&T (T), Dominion Energy (D), Huntington Bancshares (HBAN), Walgreens Boots Alliance (WBA), Energy Transfer (ET) and Verizon Communications (VZ).

Company Calendar

Ex-Dividend for 12/20 Dividend
12/06/2024
Dividend Payable
12/20/2024
Last Earnings
1/23/2025
Today
1/30/2025
Ex-Dividend for 2/20 Dividend
2/06/2025
Dividend Payable
2/20/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:MGYR
Fax
N/A
Employees
90
Year Founded
1922

Profitability

Net Income
$7.78 million
Pretax Margin
21.27%

Debt

Sales & Book Value

Annual Sales
$52.18 million
Cash Flow
$1.39 per share
Book Value
$17.03 per share

Miscellaneous

Free Float
6,085,000
Market Cap
$95.92 million
Optionable
Not Optionable
Beta
0.30

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This page (NASDAQ:MGYR) was last updated on 1/30/2025 by MarketBeat.com Staff
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