Magyar Bancorp, Inc. is a holding company of Magyar Bank (the Bank). The Bank's principal business consists of attracting retail deposits from the public in the areas surrounding its main office in New Brunswick, New Jersey and its branch offices located in Middlesex and Somerset Counties, New Jersey. The Bank invests these deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, small business administration (SBA) loans, construction loans and investment securities. The Bank's primary sources of funds are deposits, borrowings, and principal and interest payments on loans and securities. The Bank's deposits include certificates of deposit, demand, savings, negotiable order of withdrawal (NOW) and money market accounts.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Northeast Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:MGYR
- CUSIP: N/A
- Web: www.magbank.com
- Market Cap: $72.78 million
- Outstanding Shares: 5,820,000
- 52 Week Range: $9.65 - $14.95
Sales & Book Value:
- Trailing P/E Ratio:
- P/E Growth:
- Annual Revenue: $17.77 million
- Price / Sales: 4.10
- Book Value: $8.23 per share
- Price / Book: 1.52
- Net Margins: 4.94%
- Return on Equity: 2.38%
- Return on Assets: 0.20%
- Debt-to-Equity Ratio: 0.76%
- Current Ratio: 0.96%
- Quick Ratio: 0.96%
- Average Volume: 805 shs.
- Beta: 0.41
- Short Ratio: 3
Frequently Asked Questions for Magyar Bancorp (NASDAQ:MGYR)
What is Magyar Bancorp's stock symbol?
Magyar Bancorp trades on the NASDAQ under the ticker symbol "MGYR."
How were Magyar Bancorp's earnings last quarter?
Magyar Bancorp, Inc. (NASDAQ:MGYR) released its earnings results on Tuesday, April, 25th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $4.97 million for the quarter. Magyar Bancorp had a return on equity of 2.38% and a net margin of 4.94%. View Magyar Bancorp's Earnings History.
Who are some of Magyar Bancorp's key competitors?
Some companies that are related to Magyar Bancorp include Malvern Bancorp (MLVF), 1st Constitution Bancorp (FCCY), Eastern Virginia Bankshares (EVBS), First Community (FCCO), DNB Financial Corp (DNBF), Select Bancorp (SLCT), Gladstone Land Corp (LAND), Ellington Residential Mortgage REIT (EARN), First Bank (FRBA), KCAP Financial (KCAP), Saratoga Investment Corp (SAR), FBR & Co (FBRC), Atlantic Coast Financial Corp (ACFC), Sussex Bancorp (SBBX), JMP Group (JMP), Condor Hospitality Trust (CDOR), Consumer Portfolio Services (CPSS) and Ashford (AINC).
How do I buy Magyar Bancorp stock?
Shares of Magyar Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Magyar Bancorp stock cost?
One share of Magyar Bancorp stock can currently be purchased for approximately $12.51.
Consensus Ratings for Magyar Bancorp (NASDAQ:MGYR) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Magyar Bancorp (NASDAQ:MGYR)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Magyar Bancorp (NASDAQ:MGYR)Earnings History by Quarter for Magyar Bancorp (NASDAQ:MGYR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/25/2017||Q2 2017||$0.05||$4.97 million||View||N/A|
|1/25/2017||Q1 2017||$0.06||$4.95 million||View||N/A|
Earnings Estimates for Magyar Bancorp (NASDAQ:MGYR)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Magyar Bancorp (NASDAQ:MGYR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Magyar Bancorp (NASDAQ:MGYR)
Insider Ownership Percentage: 7.00%Insider Trades by Quarter for Magyar Bancorp (NASDAQ:MGYR)
Institutional Ownership Percentage: 14.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/17/2016||John S. Fitzgerald||CEO||Buy||800||$9.97||$7,976.00|| |
|2/16/2016||John S. Fitzgerald||CEO||Buy||200||$9.89||$1,978.00|| |
|4/29/2015||John S Fitzgerald||CEO||Buy||1,000||$8.74||$8,740.00|| |
|8/5/2014||John S Fitzgerald||CEO||Buy||1,000||$7.93||$7,930.00|| |
|8/5/2014||Joseph A Yelencsics||Director||Buy||3,500||$7.90||$27,650.00|| |
|6/3/2014||Joseph A Yelencsics||Director||Buy||4,500||$7.90||$35,550.00|| |
|5/28/2014||Joseph A Yelencsics||Director||Buy||1,100||$7.90||$8,690.00|| |
|12/11/2013||Joseph A Yelencsics||Director||Sell||2,000||$7.22||$14,440.00|| |
|12/3/2013||Joseph A Yelencsics||Director||Sell||1,000||$7.22||$7,220.00|| |
|11/26/2013||John S Fitzgerald||CEO||Buy||1,000||$7.50||$7,500.00|| |
|11/26/2013||Joseph A Yelencsics||Director||Sell||3,000||$7.35||$22,050.00|| |
|11/19/2013||Joseph A Yelencsics||Director||Sell||3,500||$7.12||$24,920.00|| |
|6/11/2013||Jon Ansari||CFO||Buy||1,430||$4.94||$7,064.20|| |
|1/30/2013||John S Fitzgerald||CEO||Buy||1,000||$4.88||$4,880.00|| |
Headline Trends for Magyar Bancorp (NASDAQ:MGYR)
Latest Headlines for Magyar Bancorp (NASDAQ:MGYR)
|Magyar Bancorp, Inc. (MGYR) Announces Quarterly Earnings Results|
www.americanbankingnews.com - April 26 at 6:30 PM
|Deals of the day-Mergers and acquisitions|
www.reuters.com - January 16 at 2:37 PM
|MAGYAR BANCORP, INC. Financials|
finance.yahoo.com - December 24 at 1:04 PM
|MAGYAR BANCORP, INC. Files SEC form 10-K, Annual Report|
biz.yahoo.com - December 18 at 2:45 PM
|MAGYAR BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi|
biz.yahoo.com - November 16 at 9:25 AM
|MAGYAR BANCORP, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - August 13 at 2:45 PM
|MAGYAR BANCORP, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Financial Statements an|
biz.yahoo.com - February 19 at 11:56 AM
|MAGYAR BANCORP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - February 18 at 11:32 AM
|Magyar Bancorp, Inc. Announces First Quarter Financial Results|
finance.yahoo.com - January 26 at 4:30 PM
Magyar Bancorp (MGYR) Chart for Tuesday, May, 23, 2017