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Magyar Bancorp, Inc.NasdaqGM:MGYR Stock Report

Market Cap US$112.8m
Share Price
US$17.18
My Fair Value
US$19
8.9% undervalued intrinsic discount
1Y40.1%
7D-0.4%
Portfolio Value
View

Magyar Bancorp, Inc.

NasdaqGM:MGYR Stock Report

Market Cap: US$112.8m

Magyar Bancorp (MGYR) Stock Overview

Operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. More details

MGYR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

MGYR Community Fair Values

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Magyar Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Magyar Bancorp
Historical stock prices
Current Share PriceUS$17.18
52 Week HighUS$19.04
52 Week LowUS$12.10
Beta0.22
1 Month Change1.06%
3 Month Change12.43%
1 Year Change40.13%
3 Year Change39.79%
5 Year Change161.95%
Change since IPO97.01%

Recent News & Updates

Magyar Bancorp (NASDAQ:MGYR) Is Paying Out A Larger Dividend Than Last Year

Jul 28
Magyar Bancorp (NASDAQ:MGYR) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Magyar Bancorp (NASDAQ:MGYR) Is Paying Out A Larger Dividend Than Last Year

Jul 28
Magyar Bancorp (NASDAQ:MGYR) Is Paying Out A Larger Dividend Than Last Year

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO For Now

Feb 16
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO For Now

Magyar Bancorp (NASDAQ:MGYR) Is Due To Pay A Dividend Of $0.05

Jan 29
Magyar Bancorp (NASDAQ:MGYR) Is Due To Pay A Dividend Of $0.05

Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03

Jul 25
Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03

Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03

Apr 25
Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03

Magyar Bancorp (NASDAQ:MGYR) Will Pay A Dividend Of $0.03

Feb 01
Magyar Bancorp (NASDAQ:MGYR) Will Pay A Dividend Of $0.03

Magyar Bancorp declares $0.03 dividend

Jul 26

Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO Compensation Is Looking A Bit Stretched At The Moment

Feb 10
Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO Compensation Is Looking A Bit Stretched At The Moment

Shareholder Returns

MGYRUS BanksUS Market
7D-0.4%2.7%0.2%
1Y40.1%24.3%15.5%

Return vs Industry: MGYR exceeded the US Banks industry which returned 24.2% over the past year.

Return vs Market: MGYR exceeded the US Market which returned 15.9% over the past year.

Price Volatility

Is MGYR's price volatile compared to industry and market?
MGYR volatility
MGYR Average Weekly Movement2.8%
Banks Industry Average Movement3.8%
Market Average Movement6.5%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: MGYR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MGYR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192296John Fitzgeraldwww.magbank.com

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides 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, and construction loans, as well as small business administration loans.

Magyar Bancorp, Inc. Fundamentals Summary

How do Magyar Bancorp's earnings and revenue compare to its market cap?
MGYR fundamental statistics
Market capUS$112.76m
Earnings (TTM)US$9.78m
Revenue (TTM)US$35.53m
11.3x
P/E Ratio
1.0x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGYR income statement (TTM)
RevenueUS$35.53m
Cost of RevenueUS$0
Gross ProfitUS$35.53m
Other ExpensesUS$25.76m
EarningsUS$9.78m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.52
Gross Margin100.00%
Net Profit Margin27.52%
Debt/Equity Ratio31.8%

How did MGYR perform over the long term?

See historical performance and comparison

Dividends

2.1%
Current Dividend Yield
14%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/25 09:49
End of Day Share Price 2025/08/25 00:00
Earnings2025/06/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magyar Bancorp, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.