Magyar Bancorp Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Magyar Bancorp.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

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

Feb 10

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Magyar Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NasdaqGM:MGYR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	31	8	N/A	N/A	N/A
6/30/2024	30	7	9	9	N/A
3/31/2024	30	8	8	8	N/A
12/31/2023	30	8	10	10	N/A
9/30/2023	30	8	8	8	N/A
6/30/2023	30	8	9	9	N/A
3/31/2023	30	8	12	13	N/A
12/31/2022	30	8	10	10	N/A
9/30/2022	29	8	11	11	N/A
6/30/2022	28	7	10	11	N/A
3/31/2022	28	7	8	8	N/A
12/31/2021	28	6	10	10	N/A
9/30/2021	27	6	9	9	N/A
6/30/2021	26	5	6	7	N/A
3/31/2021	25	4	6	6	N/A
12/31/2020	23	3	3	3	N/A
9/30/2020	21	2	1	1	N/A
6/30/2020	21	2	2	2	N/A
3/31/2020	21	2	3	3	N/A
12/31/2019	22	3	4	4	N/A
9/30/2019	22	3	6	6	N/A
6/30/2019	22	3	3	3	N/A
3/31/2019	22	3	4	4	N/A
12/31/2018	21	2	3	3	N/A
9/30/2018	21	2	4	5	N/A
6/30/2018	20	2	N/A	6	N/A
3/31/2018	20	2	N/A	6	N/A
12/31/2017	19	1	N/A	6	N/A
9/30/2017	19	1	N/A	4	N/A
6/30/2017	18	1	N/A	1	N/A
3/31/2017	18	1	N/A	4	N/A
12/31/2016	18	1	N/A	5	N/A
9/30/2016	18	1	N/A	9	N/A
6/30/2016	18	1	N/A	14	N/A
3/31/2016	17	1	N/A	12	N/A
12/31/2015	17	1	N/A	12	N/A
9/30/2015	17	1	N/A	13	N/A
6/30/2015	17	1	N/A	10	N/A
3/31/2015	17	1	N/A	9	N/A
12/31/2014	16	1	N/A	10	N/A
9/30/2014	16	1	N/A	6	N/A
6/30/2014	16	1	N/A	6	N/A
3/31/2014	16	1	N/A	7	N/A
12/31/2013	15	0	N/A	7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MGYR's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if MGYR's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if MGYR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MGYR's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if MGYR's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MGYR's Return on Equity is forecast to be high in 3 years time

Magyar Bancorp Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Magyar Bancorp, Inc. Provides Earnings Guidance for the Year 2022

Recent updates

Magyar Bancorp, Inc. Declares Special Cash Dividend, Payable on December 20, 2024

Magyar Bancorp, Inc. Declares Quarterly Dividend, Payable on November 27, 2024

Magyar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on August 22, 2024

Dividend of US$0.05 announced

Second quarter 2024 earnings released: EPS: US$0.30 (vs US$0.28 in 2Q 2023)

Magyar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on May 21, 2024

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

Upcoming dividend of US$0.05 per share at 1.7% yield

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

First quarter 2024 earnings released: EPS: US$0.26 (vs US$0.28 in 1Q 2023)

Magyar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on February 22, 2024

Magyar Bancorp, Inc., Annual General Meeting, Feb 22, 2024

Full year 2023 earnings released: EPS: US$1.20 (vs US$1.17 in FY 2022)

Upcoming dividend of US$0.07 per share at 1.7% yield

the Global Smaller Companies Trust plc Declares Special Dividend, Payable on Payable December 12, 2023

Independent Director recently bought US$141k worth of stock

Full year 2023 earnings released: EPS: US$1.20 (vs US$1.17 in FY 2022)

Magyar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on November 24, 2023

Upcoming dividend of US$0.03 per share at 1.8% yield

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

Magyar Bancorp, Inc. Approves Quarterly Cash Dividend, Payable on August 17, 2023

Third quarter 2023 earnings released: EPS: US$0.30 (vs US$0.31 in 3Q 2022)

Independent Director recently bought US$102k worth of stock

Upcoming dividend of US$0.03 per share at 1.9% yield

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

Second quarter 2023 earnings released: EPS: US$0.28 (vs US$0.25 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.28 (vs US$0.25 in 1Q 2022)

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

Upcoming dividend of US$0.03 per share at 1.6% yield

Magyar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on February 23, 2023

Magyar Bancorp, Inc., Annual General Meeting, Feb 16, 2023

Full year 2022 earnings released: EPS: US$1.17 (vs US$1.01 in FY 2021)

Upcoming dividend of US$0.08 per share

Insider recently bought US$253k worth of stock

Magyar Bancorp, Inc. Declares Special Cash Dividend, Payable December 13, 2022

Insufficient new directors

Full year 2022 earnings released: EPS: US$1.17 (vs US$1.01 in FY 2021)

Upcoming dividend of US$0.03 per share

Magyar Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on November 23, 2022

Magyar Bancorp, Inc. Announces Director Changes

Magyar Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on August 18, 2022

Third quarter 2022 earnings released: EPS: US$0.30 (vs US$0.23 in 3Q 2021)

Magyar Bancorp declares $0.03 dividend

Second quarter 2022 earnings released: EPS: US$0.25 (vs US$0.21 in 2Q 2021)

Insufficient new directors

Magyar Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on May 19, 2022

Second quarter 2022 earnings released: EPS: US$0.25 (vs US$0.21 in 2Q 2021)

Magyar Bancorp, Inc. Announces Resignation of Martin A. Lukacs from Board of Directors

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

Inaugural dividend of US$0.03 per share

Magyar Bancorp, Inc. Declares Quarterly Cash Dividend, Payable February 24, 2022

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Magyar Bancorp, Inc. Provides Earnings Guidance for the Year 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS US$0.29 (vs US$0.072 in 3Q 2020)

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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