Magyar Bancorp Company Profile (NASDAQ:MGYR)

About Magyar Bancorp (NASDAQ:MGYR)

Magyar Bancorp logoMagyar 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: Banks
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MGYR
  • CUSIP: N/A
  • Web: www.magbank.com
Capitalization:
  • Market Cap: $72.75 million
  • Outstanding Shares: 5,820,000
Average Prices:
  • 52 Week Range: $10.09 - $14.95
P/E:
  • Trailing P/E Ratio:
  • P/E Growth:
Sales & Book Value:
  • Annual Revenue: $18.26 million
  • Price / Sales: 3.98
  • Book Value: $8.35 per share
  • Price / Book: 1.50
Profitability:
  • Net Margins: 5.48%
  • Return on Equity: 2.67%
  • Return on Assets: 0.22%
Debt:
  • Debt-to-Equity Ratio: 0.66%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Misc:
  • Average Volume: 1,673 shs.
  • Beta: -0.09
  • Short Ratio: 8.75
 

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) posted its quarterly earnings results on Monday, July, 24th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $4.97 million for the quarter. Magyar Bancorp had a net margin of 5.48% and a return on equity of 2.67%. View Magyar Bancorp's Earnings History.

When will Magyar Bancorp make its next earnings announcement?

Magyar Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Magyar Bancorp.

Who are some of Magyar Bancorp's key competitors?

Who are Magyar Bancorp's key executives?

Magyar Bancorp's management team includes the folowing people:

  • Joseph J. Lukacs Jr.,DMD, Independent Chairman of the Board of the Company and the Magyar Bank
  • John S. Fitzgerald, President, Chief Executive Officer, Director
  • Thomas Lankey, Independent Vice Chairman of the Board
  • Jon R. Ansari, Chief Financial Officer, Executive Vice President, Director of the company and Magyar Bank
  • Brain Stanley, Senior Vice President, Chief Lending Officer of the Company and the Magyar Bank
  • Andrew G. Hodulik CPA, Independent Director
  • Martin A. Lukacs D.M.D, Independent Director
  • Salvatore J. Romano Ph.D., Independent Director
  • Edward C. Stokes III, Independent Director
  • Joseph A. Yelencsics, Independent Director

Who owns Magyar Bancorp stock?

Magyar Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include PL Capital Advisors LLC (9.28%), M3F Inc. (2.50%), Dimensional Fund Advisors LP (1.60%), State Street Corp (0.59%), First Manhattan Co. (0.39%) and Vanguard Group Inc. (0.18%). View Institutional Ownership Trends for Magyar Bancorp.

Who sold Magyar Bancorp stock? Who is selling Magyar Bancorp stock?

Magyar Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. View Insider Buying and Selling for Magyar Bancorp.

Who bought Magyar Bancorp stock? Who is buying Magyar Bancorp stock?

Magyar Bancorp's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp. View Insider Buying and Selling for Magyar Bancorp.

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.

What is Magyar Bancorp's stock price today?

One share of Magyar Bancorp stock can currently be purchased for approximately $12.50.


MarketBeat Community Rating for Magyar Bancorp (NASDAQ MGYR)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  14 (Vote Outperform)
Underperform Votes:  11 (Vote Underperform)
Total Votes:  25
MarketBeat's community ratings are surveys of what our community members think about Magyar Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Magyar Bancorp (NASDAQ:MGYR) (How are Consensus Ratings Calculated?)
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)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Magyar Bancorp (NASDAQ:MGYR)
Earnings by Quarter for Magyar Bancorp (NASDAQ:MGYR)
Earnings History by Quarter for Magyar Bancorp (NASDAQ MGYR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017N/AView Earnings Details
7/24/2017Q3 2017$0.05$4.97 millionViewN/AView Earnings Details
4/25/2017Q2 2017$0.05$4.97 millionViewN/AView Earnings Details
1/25/2017Q1 2017$0.06$4.95 millionViewN/AView Earnings Details
7/21/2015Q315$0.04$4.56 millionViewN/AView Earnings Details
1/22/2014Q4$0.02ViewN/AView Earnings Details
11/14/2013Q4$0.02ViewN/AView Earnings Details
7/26/2013Q313$0.03$0.03ViewN/AView Earnings Details
5/10/2013Q2 2013$0.06ViewN/AView Earnings Details
1/24/2013Q1 2013$0.05ViewN/AView Earnings Details
11/15/2012Q312$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magyar Bancorp (NASDAQ:MGYR)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Magyar Bancorp (NASDAQ:MGYR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Magyar Bancorp (NASDAQ:MGYR)
Insider Ownership Percentage: 7.00%
Institutional Ownership Percentage: 14.75%
Insider Trades by Quarter for Magyar Bancorp (NASDAQ:MGYR)
Institutional Ownership by Quarter for Magyar Bancorp (NASDAQ:MGYR)
Insider Trades by Quarter for Magyar Bancorp (NASDAQ:MGYR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2016John S. FitzgeraldCEOBuy800$9.97$7,976.00View SEC Filing  
2/16/2016John S. FitzgeraldCEOBuy200$9.89$1,978.00View SEC Filing  
4/29/2015John S FitzgeraldCEOBuy1,000$8.74$8,740.00View SEC Filing  
8/5/2014John S FitzgeraldCEOBuy1,000$7.93$7,930.00View SEC Filing  
8/5/2014Joseph A YelencsicsDirectorBuy3,500$7.90$27,650.00View SEC Filing  
6/3/2014Joseph A YelencsicsDirectorBuy4,500$7.90$35,550.00View SEC Filing  
5/28/2014Joseph A YelencsicsDirectorBuy1,100$7.90$8,690.00View SEC Filing  
12/11/2013Joseph A YelencsicsDirectorSell2,000$7.22$14,440.00View SEC Filing  
12/3/2013Joseph A YelencsicsDirectorSell1,000$7.22$7,220.00View SEC Filing  
11/26/2013John S FitzgeraldCEOBuy1,000$7.50$7,500.00View SEC Filing  
11/26/2013Joseph A YelencsicsDirectorSell3,000$7.35$22,050.00View SEC Filing  
11/19/2013Joseph A YelencsicsDirectorSell3,500$7.12$24,920.00View SEC Filing  
6/11/2013Jon AnsariCFOBuy1,430$4.94$7,064.20View SEC Filing  
1/30/2013John S FitzgeraldCEOBuy1,000$4.88$4,880.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Magyar Bancorp (NASDAQ:MGYR)
Latest Headlines for Magyar Bancorp (NASDAQ:MGYR)
Source:

Social

Chart

Magyar Bancorp (MGYR) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff