Magyar Bancorp (MGYR) Stock Price, News & Analysis

Company Overview

Magyar Bancorp, Inc. is the bank holding company for Magyar Bank, a community bank serving individuals, families and businesses in central New Jersey. The bank offers deposit accounts, including checking and savings accounts and certificates of deposit, along with online and mobile banking services.

Its lending services include residential mortgages, home equity loans, commercial real estate financing and other business loans. Magyar Bank also provides commercial banking services to local businesses and organizations.

The company traces its roots to 1922, when Magyar Building and Loan Association was established in New Brunswick, New Jersey. Its history reflects the area’s Hungarian-American community, while its banking services today serve a broader customer base in the region.

Key Stats

• Today's Range: $21.69 to $22.00
• 50-Day Range: $18.75 to $23.00
• 52-Week Range: $16.03 to $23.99
• Volume: 2,185 shs
• Average Volume: 4,284 shs
• Market Capitalization: $140.12 million
• P/E Ratio: 10.90
• Dividend Yield: 2.21%
• 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 713th out of 852 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 10.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magyar Bancorp is 10.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.46.

Price to Book Value per Share Ratio

Magyar Bancorp has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.18% 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 2.12, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Magyar Bancorp has recently increased by 30.80%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Magyar Bancorp pays a meaningful dividend of 2.20%, 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 24.12%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.89

News Sentiment

Magyar Bancorp has a news sentiment score of 0.89. 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 higher news sentiment than the 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 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

• Record date for 8/20 Dividend: 8/06/2026
• Ex-Dividend for 8/20 Dividend: 8/06/2026
• Dividend Payable: 8/20/2026
• Last Earnings: 10/28/2026
• Record date for 11/24 Dividend: 11/10/2026
• Ex-Dividend for 11/24 Dividend: 11/10/2026
• Today: 11/13/2026
• Dividend Payable: 11/24/2026
• Fiscal Year End: 9/30/2027

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): $1.99
• Trailing P/E Ratio: 10.90
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $12.56 million
• Net Margins: 19.74%
• Pretax Margin: 26.56%
• Return on Equity: 10.11%
• Return on Assets: 1.19%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.98
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $63.60 million
• Price / Sales: 2.20
• Cash Flow: $1.65 per share
• Price / Cash Flow: 13.16
• Book Value: $18.42 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 6,460,000
• Free Float: 5,738,000
• Market Cap: $140.12 million
• Optionable: Not Optionable
• Beta: 0.28