Magyar Bancorp, Inc.
Magyar Bancorp, Inc.
Your view on MGYR
Overview
What the company does, where it operates, and who runs it.
About Magyar Bancorp, Inc.
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- John S. Fitzgerald
- Headquarters
- 400 Somerset Street, New Brunswick, NJ, US
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- John S. Fitzgerald
- Headquarters
- 400 Somerset Street, New Brunswick, NJ, US
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 also provides 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.
In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities.
The company has seven branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Magyar Bancorp, Inc., and the rating behind it. MGYR last traded at $19.45, 10.1× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Magyar Bancorp, Inc.. Starting points for Magyar Bancorp, Inc.: P/E 10.1, EPS $1.90, beta 0.23 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Magyar Bancorp, Inc.. Magyar Bancorp, Inc. paid $0.38 per share over the last year — a 2.0% yield at the current $19.45 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Magyar Bancorp, Inc.. Trailing twelve-month EPS for Magyar Bancorp, Inc. stands at $1.90. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Magyar Bancorp, Inc.. Magyar Bancorp, Inc. has reported as a listed company since 2006. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Magyar Bancorp, Inc. valued side by side against its closest peers. Magyar Bancorp, Inc. is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Magyar Bancorp, Inc., and how their positions are changing. At a $125.7M market value, institutional positions materially move Magyar Bancorp, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Magyar Bancorp, Inc. executives and directors. Shares of Magyar Bancorp, Inc. have traded between $12.10 and $19.04 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Magyar Bancorp, Inc.. Magyar Bancorp, Inc. is a $125.7M Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Magyar Bancorp, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Magyar Bancorp, Inc.. Coverage tracks Magyar Bancorp, Inc. within Banks - Regional (Financial Services). Press releases and market coverage, newest first.