Magyar Bancorp (MGYR) Stock Price, News & Analysis

Company Overview

Magyar Bancorp, Inc. is the holding company for Magyar Bank, a community banking institution headquartered in New Brunswick, New Jersey. The bank serves individuals, families, businesses and nonprofit organizations primarily in central New Jersey through its branch network and digital banking services.

Magyar Bank provides a range of traditional banking products, including checking and savings accounts, certificates of deposit, residential and commercial real estate loans, construction financing, consumer loans and business lending. Its services also include online and mobile banking, electronic payments and cash-management solutions for business customers.

Magyar Bank traces its history to 1922, when it was established to serve the local Hungarian-American community. Over time, it expanded its customer base and product offerings while maintaining a community-focused banking model. Magyar Bancorp became the publicly traded holding company for the bank in connection with its mutual-to-stock conversion in 2003.

Key Stats

• Today's Range: $18.67 to $19.37
• 50-Day Range: $18.75 to $19.83
• 52-Week Range: $16.03 to $20.00
• Volume: 847 shs
• Average Volume: 2,021 shs
• Market Capitalization: $125.13 million
• P/E Ratio: 10.36
• Dividend Yield: 2.07%
• Price Target: N/A
• Consensus Rating: Hold

Magyar Bancorp Stock Analysis - MarketRank™

Magyar Bancorp scored higher than 31% of companies evaluated by MarketBeat, and ranked 700th out of 836 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Magyar Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Magyar Bancorp has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Magyar Bancorp is 10.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magyar Bancorp is 10.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.62.

Price to Book Value per Share Ratio

Magyar Bancorp has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.15% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magyar Bancorp has recently decreased by 3.94%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Magyar Bancorp pays a meaningful dividend of 2.13%, 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 21.39%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 0.9 / 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

11.10% of the stock of Magyar Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

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.

Company Calendar

• Last Earnings: 7/23/2026
• Record date for 8/20 Dividend: 8/06/2026
• Ex-Dividend for 8/20 Dividend: 8/06/2026
• Dividend Payable: 8/20/2026
• Today: 10/06/2026
• Fiscal Year End: 9/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:MGYR
• CIK: 1337068
• Web: www.magbank.com
• Phone: (732) 342-7600
• Fax: N/A
• Employees: 98
• Year Founded: 1922

Profitability

• EPS (Trailing Twelve Months): $1.87
• Trailing P/E Ratio: 10.36
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $9.76 million
• Net Margins: 18.89%
• Pretax Margin: 26.56%
• Return on Equity: 9.59%
• Return on Assets: 1.13%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.98
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $58.42 million
• Price / Sales: 2.14
• Cash Flow: $1.71 per share
• Price / Cash Flow: 11.33
• Book Value: $18.42 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 6,460,000
• Free Float: 5,738,000
• Market Cap: $125.13 million
• Optionable: Not Optionable
• Beta: 0.29