Magyar Bancorp Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 216/404 in the Banking Services industry.Institutional ownership is very high.In the medium term, the stock price is expected to remain stable.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Magyar Bancorp Inc's Score
Industry at a Glance
Industry Ranking
216 / 404
Overall Ranking
368 / 4582
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
0.000
Target Price
0.00%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Magyar Bancorp Inc Highlights
StrengthsRisks
Magyar Bancorp, Inc. is a bank holding company of Magyar Bank (the Bank). It acts as an independent, community, financial services provider, and offers traditional banking and related financial services to individual, business and government customers. Its principal business consists of attracting retail deposits from the public. The Bank invests its deposits, together with funds generated from operations and wholesale funding, in commercial real estate loans, residential mortgage loans, commercial business loans, small business administration loans, home equity loans, home equity lines of credit, construction and land loans and investment securities. It offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits, the making of commercial, consumer and home equity loans, and the provision of other financial services. Additionally, its source of funds includes principal and interest payments from loans and securities.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 15.89% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 33.77M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 33.77M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 19.17%.
Overvalued
The company’s latest PB is 0.96, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.08M shares, decreasing 1.52% quarter-over-quarter.
Magyar Bancorp, Inc. is a bank holding company of Magyar Bank (the Bank). It acts as an independent, community, financial services provider, and offers traditional banking and related financial services to individual, business and government customers. Its principal business consists of attracting retail deposits from the public. The Bank invests its deposits, together with funds generated from operations and wholesale funding, in commercial real estate loans, residential mortgage loans, commercial business loans, small business administration loans, home equity loans, home equity lines of credit, construction and land loans and investment securities. It offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits, the making of commercial, consumer and home equity loans, and the provision of other financial services. Additionally, its source of funds includes principal and interest payments from loans and securities.
Ticker SymbolMGYR
CompanyMagyar Bancorp Inc
CEOFitzgerald (John S)
Website
FAQs
What is the current price of Magyar Bancorp Inc (MGYR)?
The current price of Magyar Bancorp Inc (MGYR) is 17.750.
What is the symbol of Magyar Bancorp Inc?
The ticker symbol of Magyar Bancorp Inc is MGYR.
What is the 52-week high of Magyar Bancorp Inc?
The 52-week high of Magyar Bancorp Inc is 19.040.
What is the 52-week low of Magyar Bancorp Inc?
The 52-week low of Magyar Bancorp Inc is 13.520.
What is the market capitalization of Magyar Bancorp Inc?
The market capitalization of Magyar Bancorp Inc is 114.50M.
What is the net income of Magyar Bancorp Inc?
The net income of Magyar Bancorp Inc is 9.76M.
Is Magyar Bancorp Inc (MGYR) currently rated as Buy, Hold, or Sell?
According to analysts, Magyar Bancorp Inc (MGYR) has an overall rating of --, with a price target of --.
What is the Earnings Per Share (EPS TTM) of Magyar Bancorp Inc (MGYR)?
The Earnings Per Share (EPS TTM) of Magyar Bancorp Inc (MGYR) is 1.570.