Magyar Bancorp Stock Price, News & Analysis (NASDAQ:MGYR)

$12.43 +0.07 (+0.57 %)
(As of 02/16/2018 04:00 PM ET)
Previous Close$12.43
Today's Range$12.43 - $12.55
52-Week Range$12.01 - $14.95
Volume800 shs
Average Volume1,485 shs
Market Capitalization$71.94 million
P/E Ratio51.78
Dividend YieldN/A
Beta-0.23

About Magyar Bancorp (NASDAQ:MGYR)

Magyar 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.

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Industry, Sector and Symbol

Industry Banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:MGYR
CUSIPN/A
Phone732-342-7600

Debt

Debt-to-Equity Ratio0.64%
Current Ratio0.97%
Quick Ratio0.95%

Price-To-Earnings

Trailing P/E Ratio51.7821575898996
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.98 million
Price / Sales3.02
Cash Flow$0.42 per share
Price / Cash29.69
Book Value$8.56 per share
Price / Book1.45

Profitability

Trailing EPS$0.24
Net Income$1.42 million
Net Margins5.70%
Return on Equity3.49%
Return on Assets0.29%

Miscellaneous

Employees105
Outstanding Shares5,820,000

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) posted its quarterly earnings results on Thursday, January, 25th. The bank reported $0.12 earnings per share for the quarter. The bank had revenue of $5.48 million for the quarter. Magyar Bancorp had a return on equity of 3.49% and a net margin of 5.70%. View Magyar Bancorp's Earnings History.

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 (Age 73)
  • John S. Fitzgerald, President, Chief Executive Officer, Director (Age 50)
  • Thomas Lankey, Independent Vice Chairman of the Board (Age 54)
  • Jon R. Ansari, Chief Financial Officer, Executive Vice President, Director of the company and Magyar Bank (Age 41)
  • Brain Stanley, Senior Vice President, Chief Lending Officer of the Company and the Magyar Bank (Age 62)
  • Andrew G. Hodulik CPA, Independent Director (Age 58)
  • Martin A. Lukacs D.M.D, Independent Director (Age 68)
  • Salvatore J. Romano Ph.D., Independent Director (Age 73)
  • Edward C. Stokes III, Independent Director (Age 66)
  • Joseph A. Yelencsics, Independent Director (Age 60)

Who owns Magyar Bancorp stock?

Magyar Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include M3F Inc. (3.10%). View Institutional Ownership Trends for Magyar Bancorp.

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

Magyar Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including M3F Inc.. 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 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 Magyar Bancorp stock can currently be purchased for approximately $12.43.

How big of a company is Magyar Bancorp?

Magyar Bancorp has a market capitalization of $71.94 million and generates $23.98 million in revenue each year. The bank earns $1.42 million in net income (profit) each year or $0.24 on an earnings per share basis. Magyar Bancorp employs 105 workers across the globe.

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 (MGYR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  33 (Vote Outperform)
Underperform Votes:  27 (Vote Underperform)
Total Votes:  60
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

Magyar Bancorp (NASDAQ:MGYR) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Magyar Bancorp (NASDAQ:MGYR) Earnings History and Estimates Chart

Earnings by Quarter for Magyar Bancorp (NASDAQ:MGYR)

Magyar Bancorp (NASDAQ MGYR) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/25/2018Q1 2018$0.12$5.48 millionViewN/AView Earnings Details
11/2/2017Q4 2017$0.08$5.32 millionViewN/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
11/2/2016Q4 2016$0.06$4.90 millionViewN/AView Earnings Details
7/25/2016Q3 2016$0.04$4.89 millionViewN/AView Earnings Details
4/25/2016Q2 2016$0.03$4.54 millionViewN/AView Earnings Details
1/26/2016Q1 2016$0.05$4.73 millionViewN/AView Earnings Details
11/16/2015Q4 2015$0.06$4.64 millionViewN/AView Earnings Details
7/21/2015Q315$0.04$4.56 millionViewN/AView Earnings Details
4/23/2015Q2 2015$0.03$4.47 millionViewN/AView Earnings Details
1/26/2015Q1 2015$0.03$4.55 millionViewN/AView Earnings Details
11/12/2014Q4 2014$0.03$4.43 millionViewN/AView Earnings Details
7/22/2014Q3 2014$0.03$4.34 millionViewN/AView Earnings Details
4/28/2014Q2 2014$0.01$4.32 millionViewN/AView Earnings Details
1/22/2014Q4$0.02$4.42 millionViewN/AView Earnings Details
11/14/2013Q4$0.02$4.29 millionViewN/AView Earnings Details
7/26/2013Q313$0.03$0.03$4.27 millionViewN/AView Earnings Details
5/10/2013Q2 2013$0.06$4.17 millionViewN/AView Earnings Details
1/24/2013Q1 2013$0.05ViewN/AView Earnings Details
11/15/2012Q312$0.05ViewN/AView Earnings Details
7/26/2012Q3 2012$0.03ViewN/AView Earnings Details
1/26/2012Q1 2012$0.01ViewN/AView Earnings Details
12/9/2011Q4 2011($0.01)ViewN/AView Earnings Details
4/29/2011Q2 2011($0.06)ViewN/AView Earnings Details
1/25/2011Q1 2011$0.02ViewN/AView Earnings Details
11/15/2010Q4 2010$0.02ViewN/AView Earnings Details
7/27/2010Q3 2010$0.61ViewN/AView Earnings Details
4/23/2010Q2 2010$0.05ViewN/AView Earnings Details
1/25/2010Q1 2010$0.09ViewN/AView Earnings Details
12/1/2009Q4 2009$0.02ViewN/AView Earnings Details
4/27/2009Q2 2009$0.07ViewN/AView Earnings Details
1/29/2009Q1 2009($0.67)ViewN/AView Earnings Details
11/12/2008Q4 2008($0.53)ViewN/AView Earnings Details
7/29/2008Q3 2008$0.04ViewN/AView Earnings Details
4/24/2008Q2 2008($0.05)ViewN/AView Earnings Details
1/23/2008Q1 2008$0.04$0.02ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Magyar Bancorp (NASDAQ:MGYR) Earnings Estimates

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

Magyar Bancorp (NASDAQ MGYR) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 3.80%
Institutional Ownership Percentage: 14.80%
Insider Trades by Quarter for Magyar Bancorp (NASDAQ:MGYR)
Insider Trades by Quarter for Magyar Bancorp (NASDAQ:MGYR)

Magyar Bancorp (NASDAQ MGYR) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/30/2018John S FitzgeraldInsiderBuy200$12.90$2,580.0028,752View SEC Filing  
12/1/2017John S FitzgeraldInsiderBuy976$12.81$12,502.56View SEC Filing  
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

Magyar Bancorp (NASDAQ MGYR) News Headlines

Source:

SEC Filings

Magyar Bancorp (NASDAQ:MGYR) SEC Filings

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Social Media

Financials

Magyar Bancorp (NASDAQ:MGYR) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Magyar Bancorp (NASDAQ MGYR) Stock Chart for Saturday, February, 17, 2018

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This page was last updated on 2/17/2018 by MarketBeat.com Staff

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