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

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$12.16 -0.10 (-0.82 %)
(As of 09/20/2018 08:29 AM ET)
Previous Close$12.26
Today's Range$12.16 - $12.3623
52-Week Range$12.01 - $13.75
Volume4,044 shs
Average Volume617 shs
Market Capitalization$71.36 million
P/E Ratio33.13
Dividend YieldN/A
Beta-0.01
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. As of November 2, 2017, it operated through seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison. The company was founded in 1922 and is headquartered in New Brunswick, New Jersey. Magyar Bancorp, Inc. is a subsidiary of Magyar Bancorp, MHC.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.96
Current Ratio1.00
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio33.13
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$23.98 million
Price / Sales2.95
Cash Flow$0.4129 per share
Price / Cash29.45
Book Value$8.50 per share
Price / Book1.43

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$1.42 million
Net Margins7.02%
Return on Equity4.24%
Return on Assets0.35%

Miscellaneous

Employees105
Outstanding Shares5,820,000
Market Cap$71.36 million

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 data on Tuesday, July, 24th. The bank reported $0.10 EPS for the quarter. The bank had revenue of $5.52 million for the quarter. Magyar Bancorp had a return on equity of 4.24% and a net margin of 7.02%. 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 Thursday, November, 1st 2018. 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:
  • Mr. John S. Fitzgerald, Pres, CEO & Director (Age 54)
  • Mr. Jon R. Ansari, Exec. VP, CFO & Director (Age 44)
  • Mr. Brian Stanley, Sr. VP and Chief lending officer (Age 65)
  • Mr. John Reissner, VP, Marketing Director and Investor Relations Officer
  • Ms. Karen LeBlon, Corp. Sec.

Has Magyar Bancorp been receiving favorable news coverage?

Headlines about MGYR stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Magyar Bancorp earned a daily sentiment score of 0.18 on Accern's scale. They also assigned news headlines about the bank an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Magyar Bancorp.

Who are Magyar Bancorp's major shareholders?

Magyar Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include M3F Inc. (3.81%). 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 M3F Inc.. 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 $12.16.

How big of a company is Magyar Bancorp?

Magyar Bancorp has a market capitalization of $71.36 million and generates $23.98 million in revenue each year. 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 (NASDAQ MGYR)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  47 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  85
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 9/20/2018 by MarketBeat.com Staff

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