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
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
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Magyar Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.51 |
| 52 Week High | US$14.90 |
| 52 Week Low | US$10.30 |
| Beta | 0.29 |
| 1 Month Change | -0.65% |
| 3 Month Change | -0.44% |
| 1 Year Change | 31.87% |
| 3 Year Change | 20.75% |
| 5 Year Change | 96.84% |
| Change since IPO | 66.34% |
Recent News & Updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO For Now
Feb 16
Magyar Bancorp (NASDAQ:MGYR) Is Due To Pay A Dividend Of $0.05
Jan 29Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03
Jul 25Magyar Bancorp (NASDAQ:MGYR) Has Announced A Dividend Of $0.03
Apr 25Magyar Bancorp (NASDAQ:MGYR) Will Pay A Dividend Of $0.03
Feb 01Magyar Bancorp declares $0.03 dividend
Jul 26Magyar Bancorp, Inc.'s (NASDAQ:MGYR) CEO Compensation Is Looking A Bit Stretched At The Moment
Feb 10Shareholder Returns
| MGYR | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.2% | -5.8% | -4.1% |
| 1Y | 31.9% | 14.9% | 6.6% |
Return vs Industry: MGYR exceeded the US Banks industry which returned 14% over the past year.
Return vs Market: MGYR exceeded the US Market which returned 7.5% over the past year.
Price Volatility
| MGYR volatility | |
|---|---|
| MGYR Average Weekly Movement | 3.8% |
| Banks Industry Average Movement | 4.0% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 17.3% |
| 10% least volatile stocks in US Market | 3.4% |
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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1922 | 96 | John Fitzgerald | www.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
| MGYR fundamental statistics | |
|---|---|
| Market cap | US$93.95m |
| Earnings (TTM) | US$8.22m |
| Revenue (TTM) | US$32.42m |
11.4x
P/E Ratio0.8x
P/B RatioIs MGYR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGYR income statement (TTM) | |
|---|---|
| Revenue | US$32.42m |
| Cost of Revenue | US$0 |
| Gross Profit | US$32.42m |
| Other Expenses | US$24.21m |
| Earnings | US$8.22m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.27 |
| Gross Margin | 100.00% |
| Net Profit Margin | 25.34% |
| Debt/Equity Ratio | 28.6% |
How did MGYR perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield15%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/13 08:35 |
| End of Day Share Price | 2025/03/13 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.