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Magyar Bancorp is a banks - regional business based in the US. Magyar Bancorp shares (MGYR) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $13.24 – an increase of 2.87% over the previous week.
What's in this guide?
- MGYR shares summary
- Compare share dealing platforms
- Is MGYR stock a buy or sell?
- Stock performance over time
- Can I short MGYR shares?
- Are MGYR shares over-valued?
- Magyar Bancorp's financials
- How volatile are MGYR shares?
- Does Magyar Bancorp pay a dividend?
- Have MGYR shares ever split?
- Other common questions
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Magyar Bancorp stock price (NASDAQ: MGYR)
Use our graph to track the performance of MGYR stocks over time.Magyar Bancorp shares at a glance
Latest market close | $13.24 |
---|---|
52-week range | $9.37 - $13.00 |
50-day moving average | $12.37 |
200-day moving average | $11.68 |
Wall St. target price | $13.00 |
PE ratio | 10.5738 |
Dividend yield | $0.2 (1.54%) |
Earnings per share (TTM) | $1.22 |
Is it a good time to buy Magyar Bancorp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Magyar Bancorp price performance over time
Historical closes compared with the close of $13.24 from 2024-11-20
1 week (2024-11-15) | 2.87% |
---|---|
1 month (2024-10-22) | 7.64% |
3 months (2024-08-22) | 8.08% |
6 months (2024-05-22) | 19.28% |
1 year (2023-11-22) | 37.06% |
---|---|
2 years (2022-11-22) | 8.15% |
3 years (2021-11-22) | 18.44% |
5 years (2019-11-22) | 40.52% |
Is Magyar Bancorp stock undervalued or overvalued?
Valuing Magyar Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magyar Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Magyar Bancorp's P/E ratio
Magyar Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Magyar Bancorp shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Magyar Bancorp financials
Revenue TTM | $31.5 million |
---|---|
Operating margin TTM | 44.23% |
Gross profit TTM | $29.4 million |
Return on assets TTM | 0.84% |
Return on equity TTM | 7.23% |
Profit margin | 24.71% |
Book value | $17.83 |
Market Capitalization | $83.7 million |
TTM: trailing 12 months
Magyar Bancorp share dividends
Dividend payout ratio: 24.25% of net profits
Recently Magyar Bancorp has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magyar Bancorp shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Magyar Bancorp's case, that would currently equate to about $0.2 per share.
While Magyar Bancorp's payout ratio might seem low, this can signify that Magyar Bancorp is investing more in its future growth.
Magyar Bancorp's most recent dividend payout was on 21 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 13 November 2024 (the "ex-dividend date").
Have Magyar Bancorp's shares ever split?
Magyar Bancorp's shares were split on a 1221:1000 basis on 14 July 2021 . So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1221 shares. This wouldn't directly have changed the overall worth of your Magyar Bancorp shares – just the quantity. However, indirectly, the new 18.1% lower share price could have impacted the market appetite for Magyar Bancorp shares which in turn could have impacted Magyar Bancorp's share price.
Magyar Bancorp share price volatility
Over the last 12 months, Magyar Bancorp's shares have ranged in value from as little as $9.3733 up to $13. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Magyar Bancorp's is 0.276. This would suggest that Magyar Bancorp's shares are less volatile than average (for this exchange).
Magyar Bancorp overview
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 branch offices located in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, New Jersey. Magyar Bancorp, Inc.
Frequently asked questions
What percentage of Magyar Bancorp is owned by insiders or institutions?Currently 17.638% of Magyar Bancorp shares are held by insiders and 31.181% by institutions. When does the fiscal year end for Magyar Bancorp?
Magyar Bancorp's fiscal year ends in September. Where is Magyar Bancorp based?
Magyar Bancorp's address is: 400 Somerset Street, New Brunswick, NJ, United States, 08901 What is Magyar Bancorp's ISIN number?
Magyar Bancorp's international securities identification number is: US55977T2087 What is Magyar Bancorp's CUSIP number?
Magyar Bancorp's Committee on Uniform Securities Identification Procedures number is: 55977T109
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