NASDAQ:MGYR - Magyar Bancorp Stock Price, News & Analysis

$11.81
+0.10 (+0.85 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$11.81
Now: $11.81
$11.90
50-Day Range
$10.9263
MA: $11.91
$12.33
52-Week Range
$10.93
Now: $11.81
$13.50
Volume1,730 shs
Average Volume1,007 shs
Market Capitalization$68.73 million
P/E Ratio23.39
Dividend YieldN/A
Beta0.06
Magyar Bancorp, Inc. operates as the mid-tier stock holding company for Magyar Bank that provides various banking products and services to families and businesses in New Jersey, the United States. Its product portfolio includes various deposit products, such as demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit; and loan products comprising 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. The company 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. It operates through seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison; and a loan product office in 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.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$26.47 million
Cash Flow$0.5346 per share
Book Value$9.32 per share

Profitability

Net Income$2.03 million

Miscellaneous

Employees97
Market Cap$68.73 million
Next Earnings Date11/6/2019 (Estimated)
OptionableNot Optionable

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Magyar Bancorp (NASDAQ:MGYR) Frequently Asked Questions

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) issued its earnings results on Tuesday, April, 23rd. The bank reported $0.13 earnings per share (EPS) for the quarter. The bank had revenue of $5.69 million for the quarter. Magyar Bancorp had a net margin of 10.01% and a return on equity of 5.46%. View Magyar Bancorp's Earnings History.

When is Magyar Bancorp's next earnings date?

Magyar Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Magyar Bancorp.

Has Magyar Bancorp been receiving favorable news coverage?

News articles about MGYR stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Magyar Bancorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Magyar Bancorp.

Are investors shorting Magyar Bancorp?

Magyar Bancorp saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 700 shares, an increase of 133.3% from the June 30th total of 300 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the company are sold short. View Magyar Bancorp's Current Options Chain.

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 Cohu (COHU), Huron Consulting Group (HURN), Dominion Energy (D), Danaher (DHR), Canadian Pacific Railway (CP), Surge Energy (SGY), Goldman Sachs Group (GS), Tapestry (TPR), Suedzucker (SZU) and Linde (LIN).

Who are Magyar Bancorp's key executives?

Magyar Bancorp's management team includes the folowing people:
  • Mr. John S. Fitzgerald, Pres, CEO & Director (Age 55)
  • Mr. Jon R. Ansari, Exec. VP, CFO & Director (Age 45)
  • Mr. Brian Stanley, Sr. VP & Chief lending officer (Age 66)
  • Mr. John Reissner, VP & Investor Relations Officer
  • Ms. Karen LeBlon, Corp. Sec.

Who are Magyar Bancorp's major shareholders?

Magyar Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Southside Capital LLC (0.15%). Company insiders that own Magyar Bancorp stock include John S Fitzgerald and Jon Ansari. View Institutional Ownership Trends for Magyar Bancorp.

Which institutional investors are buying Magyar Bancorp stock?

MGYR stock was purchased by a variety of institutional investors in the last quarter, including Southside Capital LLC. Company insiders that have bought Magyar Bancorp stock in the last two years include John S Fitzgerald and Jon Ansari. View Insider Buying and Selling for Magyar Bancorp.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Magyar Bancorp's stock price today?

One share of MGYR stock can currently be purchased for approximately $11.81.

How big of a company is Magyar Bancorp?

Magyar Bancorp has a market capitalization of $68.73 million and generates $26.47 million in revenue each year. Magyar Bancorp employs 97 workers across the globe.View Additional Information About Magyar Bancorp.

What is Magyar Bancorp's official website?

The official website for Magyar Bancorp is http://www.magbank.com/.

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.


MarketBeat Community Rating for Magyar Bancorp (NASDAQ MGYR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  56 (Vote Underperform)
Total Votes:  109
MarketBeat's community ratings are surveys of what our community members think about Magyar Bancorp and other stocks. Vote "Outperform" if you believe MGYR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGYR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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