11.39

1.24% +0.14

Magyar Bancorp Inc. (MGYR)

Overview News Price History Discussions Forecast Dividend History

Magyar Bancorp Inc. stock is currently priced at $11.39, with a 24-hour trading volume of 971. It has seen a +1.24% increased in the last 24 hours and a +1.10% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $11.13 pivot point. If it approaches the $11.48 resistance level, significant changes may occur.

Previous Close:

$11.25

Open:

$11.4

24h Volume:

971

Market Cap:

$75.79M

Revenue:

$30.75M

Net Income/Loss:

$7.55M

P/E Ratio:

9.4917

EPS:

1.2

Net Cash Flow:

$9.95M

1W Performance:

+3.64%

1M Performance:

+1.10%

6M Performance:

+25.16%

1Y Performance:

+10.58%

1D Range:

$11.39

$11.40

52W Range:

$9.0001

$12.00

Magyar Bancorp Inc. Stock (MGYR) Company Profile

Name

Magyar Bancorp Inc.

Sector

Financial (4475)

Industry

Banks - Regional (362)

Phone

732 342 7600

Address

400 Somerset Street, New Brunswick, NJ

Employee

Twitter

@MagyarBank

Next Earnings Date

2024-04-22

Latest SEC Filings

MGYR's Discussions on Twitter

Magyar Bancorp Inc. Stock (MGYR) Financials Data

Magyar Bancorp Inc. (MGYR) Revenue 2024

MGYR reported a revenue (TTM) of $30.75 million for the quarter ending December 31, 2023, a +1.89% rise year-over-year.

Magyar Bancorp Inc. (MGYR) Net Income 2024

MGYR net income (TTM) was $7.55 million for the quarter ending December 31, 2023, a -6.04% decrease year-over-year.

Magyar Bancorp Inc. (MGYR) Cash Flow 2024

MGYR recorded a free cash flow (TTM) of $9.95 million for the quarter ending December 31, 2023, a +0.67% increase year-over-year.

Magyar Bancorp Inc. (MGYR) Earnings per Share 2024

MGYR earnings per share (TTM) was $1.18 for the quarter ending December 31, 2023, a -1.67% decline year-over-year.

Magyar Bancorp Inc. Stock (MGYR) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
LOMBARDI MICHAEL F	Director	Feb 16 '24	Buy	11.27	124	1,397	194,768
LOMBARDI MICHAEL F	Director	Nov 09 '23	Buy	9.68	4,717	45,661	194,644
LOMBARDI MICHAEL F	Director	Nov 07 '23	Buy	9.68	167	1,617	189,927
LOMBARDI MICHAEL F	Director	Nov 06 '23	Buy	9.55	5,233	49,978	189,760
LOMBARDI MICHAEL F	Director	Nov 03 '23	Buy	9.51	14,883	141,492	184,527
LOMBARDI MICHAEL F	Director	May 25 '23	Buy	10.17	10,000	101,748	169,644

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. As of July 21, 2021, Magyar Bancorp, Inc. was formerly a subsidiary of Magyar Bancorp, MHC