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 and businesses in central New Jersey through a network of branch offices and digital banking services.

Magyar Bank offers a range of traditional banking products, including checking and savings accounts, certificates of deposit, consumer loans, residential mortgages, home equity financing and commercial real estate and business loans. Its services also include online and mobile banking, cash management and other banking solutions for personal and business customers.

Magyar Bank traces its origins to 1922, when it was established to serve the local Hungarian-American community. Magyar Bancorp became a publicly traded bank holding company following the bank’s mutual-to-stock conversion in 2005. The company’s operations remain focused primarily on communities in central New Jersey, and John S. Fitzgerald serves as president and chief executive officer.

Key Stats

• Today's Range: $19.28 to $19.50
• 50-Day Range: $17.47 to $19.83
• 52-Week Range: $16.03 to $20.00
• Volume: 4,273 shs
• Average Volume: 3,992 shs
• Market Capitalization: $124.42 million
• P/E Ratio: 10.31
• Dividend Yield: 2.08%
• Price Target: N/A
• Consensus Rating: Hold

Magyar Bancorp Stock Analysis - MarketRank™

Magyar Bancorp scored higher than 34% of companies evaluated by MarketBeat, and ranked 703rd out of 854 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 10.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magyar Bancorp is 10.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.53.

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 2.07%, 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: 2.1 / 5
• News Sentiment: 0.41

News Sentiment

Magyar Bancorp has a news sentiment score of 0.41. 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 lower news sentiment than the 0.72 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Magyar Bancorp this week, compared to 1 article on an average week.

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: 9/28/2026
• Fiscal Year End: 9/30/2026

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: 10.33
• 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: $39.21 million
• Price / Sales: 3.18
• Cash Flow: $1.65 per share
• Price / Cash Flow: 11.70
• Book Value: $18.42 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 6,455,000
• Free Float: 5,738,000
• Market Cap: $124.75 million
• Optionable: Not Optionable
• Beta: 0.24