Magyar Bancorp Stock Forecast, Price & News

Magyar Bancorp (NASDAQ:MGYR) Frequently Asked Questions

How has Magyar Bancorp's stock price been impacted by Coronavirus (COVID-19)?

Magyar Bancorp's stock was trading at $10.2601 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MGYR stock has increased by 19.9% and is now trading at $12.30.
View which stocks have been most impacted by COVID-19.

Are investors shorting Magyar Bancorp?

Magyar Bancorp saw a decline in short interest in the month of December. As of December 15th, there was short interest totaling 9,100 shares, a decline of 20.9% from the November 30th total of 11,500 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.
View Magyar Bancorp's Short Interest.

When is Magyar Bancorp's next earnings date?

Magyar Bancorp is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Magyar Bancorp.

How were Magyar Bancorp's earnings last quarter?

Magyar Bancorp, Inc. (NASDAQ:MGYR) posted its quarterly earnings data on Wednesday, November, 3rd. The bank reported $0.23 EPS for the quarter. The bank earned $7.23 million during the quarter. Magyar Bancorp had a net margin of 19.17% and a trailing twelve-month return on equity of 8.85%.
View Magyar Bancorp's earnings history.

How often does Magyar Bancorp pay dividends? What is the dividend yield for Magyar Bancorp?

Magyar Bancorp announced a dividend on Tuesday, November 23rd. Stockholders of record on Tuesday, November 30th will be paid a dividend of $0.12 per share on Tuesday, December 14th. The ex-dividend date of this dividend is Monday, November 29th.
View Magyar Bancorp's dividend history.

Who are Magyar Bancorp's key executives?

Magyar Bancorp's management team includes the following people:

• John S. Fitzgerald, President, Chief Executive Officer & Director
• Jon R. Ansari, Chief Financial Officer, Director & Executive VP
• Peter M. Brown, Chief Lending Officer & Senior Vice President
• Jean A. McDonnell, Vice President-Commercial Lender
• John Reissner, Investor Relations Contact

Who are some of Magyar Bancorp's key competitors?

Some companies that are related to Magyar Bancorp include Provident Bancorp (PVBC), Sterling Bancorp (SBT), 1st Constitution Bancorp (FCCY), Northrim BanCorp (NRIM), BCB Bancorp (BCBP), Bluegreen Vacations (BBXTB), PDL Community Bancorp (PDLB), Territorial Bancorp (TBNK), First Guaranty Bancshares (FGBI), Codorus Valley Bancorp (CVLY), Western New England Bancorp (WNEB), First Savings Financial Group (FSFG), Northeast Community Bancorp (NECB), Heritage Southeast Bancorporation (HSBI) and North Dallas Bank & Trust (NODB).
View all of MGYR's competitors.

What other stocks do shareholders of Magyar Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magyar Bancorp investors own include Dominion Energy (D), Tapestry (TPR), Carnival Co. & (CCL), Cohu (COHU), Danaher (DHR), Huron Consulting Group (HURN), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Canadian Pacific Railway (CP) and The Goldman Sachs Group (GS).

What is Magyar Bancorp's stock symbol?

Magyar Bancorp trades on the NASDAQ under the ticker symbol "MGYR."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Magyar Bancorp's stock price today?

One share of MGYR stock can currently be purchased for approximately $12.30.

How much money does Magyar Bancorp make?

Magyar Bancorp has a market capitalization of $87.33 million and generates $31.94 million in revenue each year. The bank earns $6.12 million in net income (profit) each year or $1.01 on an earnings per share basis.

How many employees does Magyar Bancorp have?

Magyar Bancorp employs 98 workers across the globe.

What is Magyar Bancorp's official website?

The official website for Magyar Bancorp is www.magbank.com.

Where are Magyar Bancorp's headquarters?

Magyar Bancorp is headquartered at 400 SOMERSET STREET, NEW BRUNSWICK NJ, 08901.

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.