
MAGYAR BANCORP INC
MGYRNASDAQTrading Snapshot
- Day Range
- $18.85 β $19.21
- 52-Week Range
- $16.03 β $20.00
- Volume
- $3.17B
- Avg Volume
- $2.73B
- Shares Outstanding
- 6.5M
- Next Earnings
- Sep 30, 2026
Fundamentals Snapshot
- Annual Revenue
- $58M
- Last Q Revenue
- $16M
- P/E Ratio
- 10.4
- P/S Ratio
- β
- EPS (TTM)
- $1.87
- Dividend Yield
- 1.63%
Why Investors Own MGYR
- βHigh-growth profile β revenue up +39.5% YoY with expanding US Equity exposure.
- βHealthy economics β 67% gross margin and 25% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About MAGYAR BANCORP INC
Magyar Bancorp, Inc. functions as the parent entity for Magyar Bank, a financial institution that delivers a wide array of personal and business banking services. Serving individuals, companies, and non-profit organizations throughout New Jersey, USA, the bank provides diverse deposit accounts, including checking, savings, NOW, money market, and retirement plans, in addition to certificates of deposit. Its comprehensive lending solutions encompass residential mortgages, loans for multi-family and commercial properties, home equity lines and loans, commercial business financing, and construction loans, as well as Small Business Administration (SBA) loans. Beyond conventional banking, Magyar Bancorp also extends its services to include non-deposit investment products and financial planning. These offerings cover insurance, fixed and variable annuities, and retirement planning for both individual and corporate clients. The company actively manages investment securities through buying, selling, and holding activities. Established in 1922, Magyar Bancorp, Inc. is based in New Brunswick, New Jersey, and oversees seven branch locations across New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater, and Edison, all within New Jersey.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
MAGYAR BANCORP INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift MGYR price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
MAGYAR BANCORP INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.