NASDAQ:MGYR Magyar Bancorp (MGYR) Stock Price, News & Analysis → Time is Running Out - June 25th Deadline Approaching! (From Paradigm Press) (Ad) Free MGYR Stock Alerts $10.98 +0.08 (+0.73%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$10.72▼$11.0050-Day Range$10.76▼$11.3952-Week Range$9.00▼$12.00Volume1,257 shsAverage Volume4,582 shsMarket Capitalization$72.36 millionP/E Ratio9.15Dividend Yield1.82%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Magyar Bancorp alerts: Email Address Ad Paradigm PressTime is Running Out - June 25th Deadline Approaching!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.That will slam shut June 25. About Magyar Bancorp Stock (NASDAQ:MGYR)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.Read More MGYR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MGYR Stock News HeadlinesMay 29, 2024 | americanbankingnews.comMagyar Bancorp (NASDAQ:MGYR) Share Price Crosses Above 200 Day Moving Average of $11.02May 2, 2024 | msn.comHungary's media-savvy newcomer aims to disrupt political status quoApril 26, 2024 | finance.yahoo.comMagyar Bancorp Second Quarter 2024 Earnings: EPS: US$0.30 (vs US$0.28 in 2Q 2023)April 23, 2024 | prnewswire.comMAGYAR BANCORP, INC. ANNOUNCES SECOND QUARTER FINANCIAL RESULTS AND DECLARES DIVIDENDApril 16, 2024 | finance.yahoo.comThis Magyar Bancorp Insider Increased Their Holding In The Last YearApril 3, 2024 | yahoo.comHungarian Foreign Minister reports on meeting with Ukrainian counterpart in BrusselsMarch 14, 2024 | msn.comHungarian government abandons 4% growth targetFebruary 26, 2024 | benzinga.comMagyar Bancorp Stock (NASDAQ:MGYR) Dividends: History, Yield and DatesFebruary 15, 2024 | money.usnews.comMagyar Bancorp Inc.February 15, 2024 | finance.yahoo.comInvestors in Magyar Bancorp (NASDAQ:MGYR) have seen respectable returns of 40% over the past three yearsNovember 26, 2023 | morningstar.comMagyar Bancorp Inc MGYRNovember 22, 2023 | finance.yahoo.comHere's What We Like About Magyar Bancorp's (NASDAQ:MGYR) Upcoming DividendNovember 8, 2023 | msn.comMagyar Bancorp (MGYR) Declares $0.04 DividendNovember 8, 2023 | finance.yahoo.comMagyar Bancorp Independent Director Acquires 8.4% More StockNovember 3, 2023 | finance.yahoo.comMagyar Bancorp's (NASDAQ:MGYR) Dividend Will Be Increased To $0.04November 1, 2023 | msn.comMagyar Bancorp GAAP EPS of $0.34November 1, 2023 | msn.comMagyar Bancorp declares $0.04 dividendOctober 31, 2023 | finance.yahoo.comMagyar Bancorp Inc (MGYR) Reports Fiscal Fourth Quarter and Year End Financial ResultsOctober 31, 2023 | finance.yahoo.comMAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES INCREASED QUARTERLY DIVIDENDOctober 30, 2023 | msn.comMagyar Bancorp, Inc. raises quarterly dividend by 33.3% to $0.04/shareOctober 10, 2023 | msn.comHungarian banks introduce voluntary rate capsOctober 3, 2023 | msn.comHungarian govt wants banks cap loan rates below central bank's benchmark rateSeptember 28, 2023 | msn.comHungarian central bank cuts O/N rate by 100bpSeptember 12, 2023 | msn.comMagyar Eximbank secures €300mn loan from INGSeptember 8, 2023 | finance.yahoo.comMagyar Bancorp's (NASDAQ:MGYR) investors will be pleased with their notable 56% return over the last three yearsSee More Headlines Receive MGYR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magyar Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/23/2024Ex-Dividend for 5/21 Dividend5/06/2024Dividend Payable5/21/2024Today6/07/2024Next Earnings (Estimated)7/18/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Federal savings institutions Sub-IndustryN/A Current SymbolNASDAQ:MGYR CUSIPN/A CIK1337068 Webwww.magbank.com Phone(732) 342-7600FaxN/AEmployees89Year Founded1922Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio9.15 Forward P/E RatioN/A P/E GrowthN/ANet Income$7.71 million Net Margins16.44% Pretax Margin22.21% Return on Equity7.26% Return on Assets0.85% Debt Debt-to-Equity RatioN/A Current Ratio0.97 Quick Ratio0.97 Sales & Book Value Annual Sales$40.75 million Price / Sales1.78 Cash Flow$1.30 per share Price / Cash Flow8.44 Book Value$15.73 per share Price / Book0.70Miscellaneous Outstanding Shares6,590,000Free Float5,902,000Market Cap$72.36 million OptionableNot Optionable Beta0.27 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. John S. Fitzgerald (Age 60)President, CEO & Director Comp: $1.17MMr. Jon R. Ansari M.B.A. (Age 50)Executive VP, CFO & Director Comp: $746.37kMr. Peter McIntyre Brown (Age 59)Senior VP & Chief Lending Officer Comp: $325.51kMr. John ReissnerCorporate Secretary, First VP & Investor Relations OfficerKey CompetitorsLake Shore BancorpNASDAQ:LSBKCortland BancorpNASDAQ:CLDBNorthrim BanCorpNASDAQ:NRIMFarmers & Merchants BancorpNASDAQ:FMAOSterling BancorpNASDAQ:SBTView All CompetitorsInsidersMichael F LombardiBought 542 shares on 2/20/2024Total: $6,308.88 ($11.64/share)Michael F LombardiBought 124 shares on 2/16/2024Total: $1,397.48 ($11.27/share)Michael F LombardiBought 4,717 shares on 11/9/2023Total: $45,660.56 ($9.68/share)Michael F LombardiBought 5,233 shares on 11/6/2023Total: $49,975.15 ($9.55/share)Michael F LombardiBought 14,883 shares on 11/3/2023Total: $141,537.33 ($9.51/share)View All Insider Transactions MGYR Stock Analysis - Frequently Asked Questions How have MGYR shares performed in 2024? Magyar Bancorp's stock was trading at $11.23 at the beginning of 2024. Since then, MGYR stock has decreased by 2.2% and is now trading at $10.98. View the best growth stocks for 2024 here. Are investors shorting Magyar Bancorp? Magyar Bancorp saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,500 shares, a drop of 19.4% from the April 30th total of 3,100 shares. Based on an average trading volume of 4,700 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company's shares are sold short. View Magyar Bancorp's Short Interest. When is Magyar Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our MGYR earnings forecast. How were Magyar Bancorp's earnings last quarter? Magyar Bancorp, Inc. (NASDAQ:MGYR) released its quarterly earnings results on Tuesday, April, 23rd. The bank reported $0.30 earnings per share for the quarter. The bank earned $7.55 million during the quarter. Magyar Bancorp had a net margin of 16.44% and a trailing twelve-month return on equity of 7.26%. How often does Magyar Bancorp pay dividends? What is the dividend yield for Magyar Bancorp? Magyar Bancorp declared a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Tuesday, May 7th will be given a dividend of $0.05 per share on Tuesday, May 21st. This represents a $0.20 annualized dividend and a yield of 1.82%. The ex-dividend date is Monday, May 6th. Read our dividend analysis for MGYR. Is Magyar Bancorp a good dividend stock? Magyar Bancorp (NASDAQ:MGYR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.82%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MGYR. What other stocks do shareholders of Magyar Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Magyar Bancorp investors own include Dominion Energy (D), Tapestry (TPR), Carnival Co. & (CCL), Cohu (COHU), Danaher (DHR), Huron Consulting Group (HURN), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Canadian Pacific Kansas City (CP) and The Goldman Sachs Group (GS). How do I buy shares of Magyar Bancorp? 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. Compare Top Brokerages Here. Does Magyar Bancorp have any subsidiaries? The following companies are subsidiares of Magyar Bancorp: Magbank Investment Company, and Magyar Service Corp..Read More This page (NASDAQ:MGYR) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? 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