Magyar Bancorp (MGYR) Stock Price, News & Analysis

Company Overview

Magyar Bancorp, Inc. is a bank holding company headquartered in Palos Hills, Illinois, that provides a range of commercial banking services through its subsidiary, Magyar Bank. Established to serve the financial needs of individuals and businesses in the Chicago suburbs, the company offers traditional banking products alongside specialized lending solutions. Magyar Bancorp’s operations focus on relationship banking, emphasizing personalized service and community engagement.

The company’s product suite includes deposit accounts such as checking, savings and money market accounts, as well as certificates of deposit. On the lending side, Magyar Bancorp extends commercial real estate, construction, residential mortgage and consumer loans. It also provides treasury and cash management services designed to help small- and medium-sized businesses manage liquidity, payments and collections efficiently. Digital banking capabilities, including online and mobile platforms, complement its branch network to meet evolving customer preferences.

Magyar Bancorp serves a localized market in the greater Chicago area, with multiple branch offices situated in suburban communities. Its focus on community banking is reflected in offerings tailored to local industries, real estate developers and individual borrowers. The company is led by an experienced management team and overseen by a board of directors with deep roots in the region’s financial sector. Magyar Bancorp remains committed to sustaining growth through prudent lending practices, customer-centric service and investment in technology enhancements.

Key Stats

• Today's Range: $17.12 to $17.12
• 50-Day Range: $16.55 to $17.50
• 52-Week Range: $12.10 to $19.04
• Volume: 929 shs
• Average Volume: 4,858 shs
• Market Capitalization: $109.70 million
• P/E Ratio: 10.83
• Dividend Yield: 1.88%
• Price Target: N/A
• Consensus Rating: N/A

Magyar Bancorp Stock Analysis - MarketRank™

Magyar Bancorp scored higher than 43% of companies evaluated by MarketBeat, and ranked 730th out of 956 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: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Magyar Bancorp is 10.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magyar Bancorp is 10.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 244.65.

Price to Book Value per Share Ratio

Magyar Bancorp has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.26% 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 2.3, 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 8.75%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Magyar Bancorp pays a meaningful dividend of 1.85%, 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 20.38%. 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

0.26% 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 2.3, 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 8.75%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

News Sentiment

Magyar Bancorp has a news sentiment score of 1.28. 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 1.08 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 18.0% and is now trading at $17.23.

How were Magyar Bancorp's earnings last quarter?

Magyar Bancorp, Inc. (NASDAQ:MGYR) released its quarterly earnings data on Thursday, July, 24th. The bank reported $0.40 earnings per share (EPS) for the quarter. The bank earned $8.81 million during the quarter. Magyar Bancorp had a trailing twelve-month return on equity of 8.64% and a net margin of 15.12%.

Does Magyar Bancorp have any subsidiaries?

The following companies are subsidiaries of Magyar Bancorp: Magbank Investment Company, and Magyar Service Corp..

Who are Magyar Bancorp's major shareholders?

Top institutional investors of Magyar Bancorp include M3F Inc. (6.11%), PL Capital Advisors LLC (3.16%), Truffle Hound Capital LLC (1.44%) and Geode Capital Management LLC (0.96%). Insiders that own company stock include Michael F Lombardi and Michael R Lombardi.
View institutional ownership trends.

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: 7/24/2025
• Record date for 8/21 Dividend: 8/07/2025
• Ex-Dividend for 8/21 Dividend: 8/07/2025
• Dividend Payable: 8/21/2025
• Today: 9/15/2025
• Fiscal Year End: 9/30/2025
• Next Earnings (Estimated): 10/30/2025

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): $1.57
• Trailing P/E Ratio: 10.97
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.78 million
• Net Margins: 15.12%
• Pretax Margin: 22.08%
• Return on Equity: 8.64%
• Return on Assets: 0.99%

Debt

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

Sales & Book Value

• Annual Sales: $35.35 million
• Price / Sales: 3.14
• Cash Flow: $1.36 per share
• Price / Cash Flow: 12.66
• Book Value: $17.03 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 6,451,000
• Free Float: 5,974,000
• Market Cap: $111.15 million
• Optionable: Not Optionable
• Beta: 0.23