NASDAQ:MGYR

Magyar Bancorp Stock Forecast, Price & News

$13.20
0.00 (0.00 %)
(As of 04/9/2021 12:00 AM ET)
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Today's Range
$13.20
Now: $13.20
$13.20
50-Day Range
$10.60
MA: $13.13
$14.47
52-Week Range
$7.50
Now: $13.20
$15.05
Volume1 shs
Average Volume2,270 shs
Market Capitalization$76.71 million
P/E Ratio34.74
Dividend YieldN/A
Beta0.36
Magyar Bancorp, Inc. operates as the mid-tier stock holding company for Magyar Bank that provides various banking products and services in New Jersey, the United States. The company's product portfolio includes various deposit products, such as savings, demand, NOW, money market, and retirement accounts, as well as certificates of deposit; and loan products comprise one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, small business administration loans, and construction loans, as well as consumer loans, which primarily include secured demand loans. It also provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and investment securities. Magyar Bancorp, Inc. operates through seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison; and a loan product office in Keyport, New Jersey. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey. Magyar Bancorp, Inc. is a subsidiary of Magyar Bancorp, MHC.
Magyar Bancorp logo

Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MGYR
CUSIPN/A
Phone732-342-7600
Employees98
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$28.64 million
Cash Flow$0.70 per share
Book Value$9.78 per share

Profitability

Net Income$2.19 million

Miscellaneous

Market Cap$76.71 million
Next Earnings Date4/26/2021 (Estimated)
OptionableNot Optionable

Headlines

Magyar Bancorp, Inc. Common Stock (MGYR)
October 23, 2020 |  nasdaq.com
Our View On Magyar Bancorp's (NASDAQ:MGYR) CEO Pay
August 12, 2020 |  finance.yahoo.com
MGYR Magyar Bancorp, Inc. Common Stock
May 21, 2020 |  www.nasdaq.com
See More Headlines

MarketRank

Overall MarketRank

0.44 out of 5 stars

Finance Sector

1709th out of 1,947 stocks

Federal Savings Institutions Industry

87th out of 112 stocks

Analyst Opinion: 0.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$13.20
0.00 (0.00 %)
(As of 04/9/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Magyar Bancorp (NASDAQ:MGYR) Frequently Asked Questions

What stocks does MarketBeat like better than Magyar Bancorp?

Wall Street analysts have given Magyar Bancorp a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Magyar Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Magyar Bancorp's next earnings date?

Magyar Bancorp is scheduled to release its next quarterly earnings announcement on Monday, April 26th 2021.
View our earnings forecast for Magyar Bancorp
.

How were Magyar Bancorp's earnings last quarter?

Magyar Bancorp, Inc. (NASDAQ:MGYR) issued its earnings results on Monday, January, 25th. The bank reported $0.23 earnings per share for the quarter. The bank had revenue of $7.27 million for the quarter. Magyar Bancorp had a trailing twelve-month return on equity of 3.92% and a net margin of 7.64%.
View Magyar Bancorp's earnings history
.

How has Magyar Bancorp's stock been impacted by COVID-19?

Magyar Bancorp's stock was trading at $10.2601 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MGYR stock has increased by 28.7% and is now trading at $13.20.
View which stocks have been most impacted by COVID-19
.

Who are Magyar Bancorp's key executives?

Magyar Bancorp's management team includes the following people:
  • Mr. John S. Fitzgerald, Pres, CEO & Director (Age 57, Pay $875.08k)
  • Mr. Jon R. Ansari M.B.A., Exec. VP, CFO & Director (Age 47, Pay $579.01k)
  • Mr. John Reissner, VP & Investor Relations Officer
  • Ms. Karen LeBlon, Corp. Sec.
  • Mr. Peter M. Brown, Sr. VP & Chief Lending Officer (Age 56)

Who are some of Magyar Bancorp's key competitors?

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 Railway (CP) and The Goldman Sachs Group (GS).

What is Magyar Bancorp's stock symbol?

Magyar Bancorp trades on the NASDAQ under the ticker symbol "MGYR."

How do I buy shares of Magyar Bancorp?

Shares of MGYR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Magyar Bancorp's stock price today?

One share of MGYR stock can currently be purchased for approximately $13.20.

How much money does Magyar Bancorp make?

Magyar Bancorp has a market capitalization of $76.71 million and generates $28.64 million in revenue each year.

How many employees does Magyar Bancorp have?

Magyar Bancorp employs 98 workers across the globe.

What is Magyar Bancorp's official website?

The official website for Magyar Bancorp is www.magbank.com.

Where are Magyar Bancorp's headquarters?

Magyar Bancorp is headquartered at 400 SOMERSET STREET, NEW BRUNSWICK NJ, 08901.

How can I contact Magyar Bancorp?

Magyar Bancorp's mailing address is 400 SOMERSET STREET, NEW BRUNSWICK NJ, 08901. The bank can be reached via phone at 732-342-7600.


This page was last updated on 4/10/2021 by MarketBeat.com Staff
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