Magyar Bancorp (MGYR) Stock Price, News & Analysis

Company Overview

Magyar Bancorp is the bank holding company for Magyar Bank, a community-oriented financial institution founded in 1922 to serve Chicago’s Hungarian-American population. Headquartered in Chicago, Illinois, the company provides a broad range of banking services through a network of branch offices across Chicago’s North Side and Lake County, Indiana. With nearly a century of operating history, Magyar Bancorp remains focused on relationship banking and local decision-making.

The company’s main business activities include commercial lending, consumer lending and deposit services. Its commercial portfolio features term loans, lines of credit and equipment financing tailored to small and medium-sized businesses. On the retail side, Magyar Bancorp offers residential mortgages, home equity lines of credit, personal loans and a variety of checking and savings account options. The bank also provides treasury management, online and mobile banking, and cash management solutions to help clients streamline their operations.

In addition to traditional banking services, Magyar Bancorp offers wealth management and trust services through its investment advisory group. These services encompass financial planning, investment management, retirement planning and estate administration, delivered by licensed professionals. The bank’s mortgage division supports homebuyers with conventional and government-sponsored loan programs, while dedicated underwriters and processors handle loan origination in-house, ensuring personalized service throughout the application process.

Magyar Bancorp is governed by a board of directors comprised of seasoned banking executives and community leaders, supported by an executive management team with extensive experience in commercial and consumer finance. The company emphasizes community reinvestment and maintains active participation in local development initiatives. As a member of the Federal Deposit Insurance Corporation (FDIC) and a partner in community organizations, Magyar Bancorp continues to uphold its tradition of personalized service and local commitment.

Key Stats

• Today's Range: $16.79 to $17.00
• 50-Day Range: $13.78 to $16.84
• 52-Week Range: $11.25 to $19.04
• Volume: 8,061 shs
• Average Volume: 5,261 shs
• Market Capitalization: $108.95 million
• P/E Ratio: 11.69
• Dividend Yield: 1.43%
• Price Target: N/A
• Consensus Rating: N/A

Magyar Bancorp Stock Analysis - MarketRank™

Magyar Bancorp scored higher than 34% of companies evaluated by MarketBeat, and ranked 732nd out of 906 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Magyar Bancorp.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Magyar Bancorp is 11.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magyar Bancorp is 11.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.

Price to Book Value per Share Ratio

Magyar Bancorp has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.28% 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 2.5, 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 31.58%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Magyar Bancorp pays a meaningful dividend of 1.43%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Magyar Bancorp has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of Magyar Bancorp is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.28% 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 2.5, 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 31.58%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Magyar Bancorp has a news sentiment score of 0.59. 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 lower news sentiment than the 0.73 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Magyar Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

MGYR Stock Analysis - Frequently Asked Questions

How have MGYR shares performed this year?

Magyar Bancorp's stock was trading at $14.60 on January 1st, 2025. Since then, MGYR shares have increased by 15.3% and is now trading at $16.84.

How were Magyar Bancorp's earnings last quarter?

Magyar Bancorp, Inc. (NASDAQ:MGYR) issued its quarterly earnings data on Wednesday, April, 30th. The bank reported $0.43 EPS for the quarter. The bank had revenue of $15.78 million for the quarter. Magyar Bancorp had a net margin of 14.34% and a trailing twelve-month return on equity of 8.08%.

Does Magyar Bancorp have any subsidiaries?

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

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.

What other stocks do shareholders of Magyar Bancorp own?

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

• Last Earnings: 4/30/2025
• Record date for 5/28 Dividend: 5/14/2025
• Ex-Dividend for 5/28 Dividend: 5/14/2025
• Dividend Payable: 5/28/2025
• Today: 7/08/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MGYR
• CIK: 1337068
• Web: www.magbank.com
• Phone: (732) 342-7600
• Fax: N/A
• Employees: 90
• Year Founded: 1922

Profitability

• EPS (Trailing Twelve Months): $1.44
• Trailing P/E Ratio: 11.69
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.78 million
• Net Margins: 14.34%
• Pretax Margin: 20.70%
• Return on Equity: 8.08%
• Return on Assets: 0.92%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.97
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $52.18 million
• Price / Sales: 2.09
• Cash Flow: $1.35 per share
• Price / Cash Flow: 12.47
• Book Value: $17.03 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 6,470,000
• Free Float: 5,992,000
• Market Cap: $108.95 million
• Optionable: Not Optionable
• Beta: 0.17