11.39
price up icon1.24%   +0.14
 
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Magyar Bancorp Inc. Stock (MGYR) Forecast

The Magyar Bancorp Inc. (MGYR) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $11.48, representing a +0.80% increase from the current price of $11.39. The highest analyst price target is $11.97, and the lowest is $10.99.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MGYR Price Target
Average 11.37 (-0.14% Downside)
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Is Magyar Bancorp Inc. (MGYR) A Buy Now?

Oscillators
Name Value Action
RSI(14) 56.84 Neutral
STOCH(9,6) 48.81 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) -0.0236 Buy
ADX(14) 21.62 Neutral
William %R -6.5565 Sell
CCI(14) 170.35 Buy
Buy: 2 Sell: 2 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
11.09
Buy
11.12
Buy
MA20
11.10
Buy
11.12
Buy
MA50
11.24
Buy
11.15
Buy
MA100
11.10
Buy
11.04
Buy
MA200
10.70
Buy
11.01
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, MGYR could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 2 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on MGYR, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 56.84 indicates that MGYR is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 48.81 indicates that MGYR is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that MGYR is oversold. This suggests that MGYR price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 21.62 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 170.35 indicates that MGYR is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term MGYR price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Magyar Bancorp Inc. financial reports and earnings history, Magyar Bancorp Inc. (MGYR) stock could reach $11.44 by 2030, $9.1717 by 2040 and $9.7508 by 2050. See the projected annual prices until 2050 of the Magyar Bancorp Inc. stock below:

  • Magyar Bancorp Inc. (MGYR) is expected to reach an average price of $8.737 in 2035, with a high prediction of $8.967 and a low estimate of $7.9963. This indicates an $-23.29% rise from the last recorded price of $11.39.
  • Magyar Bancorp Inc. (MGYR) stock is projected to chart a bullish course in 2040, with an average price target of $8.5728, representing an $-24.73% surge from its current level. The forecast ranges from a conservative $8.1122 to a sky-high $9.1717.
  • Our analysts predict Magyar Bancorp Inc. (MGYR) to jump -6.29% by 2045, soaring from $10.16 to an average price of $10.67, potentially reaching $10.80. While $10.16 is the low estimate, the potential upside is significant.
  • Magyar Bancorp Inc. (MGYR) stock is expected to climb by 2050, reaching an average of $9.4089, a $-17.39% jump from its current level. However, a wide range of estimates exists, with high and low targets of $9.7508 and $9.1785, respectively, highlighting the market's uncertainty.

Magyar Bancorp Inc. Stock (MGYR) Year by Year Forecast

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2024

Our forecast for MGYR stock price in 2024 now indicates an average price target of $11.19 with a high forecast of $11.97 and a low forecast of $10.40. The average prediction reflects an decrease of -1.78% from the last recorded price of $11.39.
Month Average Low High Change from today's price
May, 2024 $11.09 $10.99 $11.97 -2.62%
June, 2024 $11.47 $10.85 $11.94 +0.72%
July, 2024 $11.65 $10.92 $11.72 +2.30%
August, 2024 $11.27 $11.20 $11.82 -1.03%
September, 2024 $11.28 $10.40 $11.69 -0.94%
October, 2024 $11.81 $10.88 $11.82 +3.72%
November, 2024 $11.82 $11.20 $11.95 +3.81%
December, 2024 $11.48 $11.43 $11.82 +0.83%

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2025

Magyar Bancorp Inc. Stock (MGYR) is expected to reach an average price of $7.15 in 2025, with a high prediction of $13.78 and a low estimate of $0.5222. This indicates an -37.23% fall from the last recorded price of $11.39.
Month Average Low High Change from today's price
January, 2025 $11.84 $11.48 $11.84 +3.99%
February, 2025 $11.87 $11.57 $12.34 +4.26%
March, 2025 $12.08 $11.80 $12.08 +6.02%
April, 2025 $10.78 $10.75 $12.08 -5.39%
May, 2025 $8.4761 $8.1158 $10.20 -25.58%
June, 2025 $8.3264 $7.7362 $8.7761 -26.90%
July, 2025 $8.9168 $8.1265 $9.4967 -21.71%
August, 2025 $8.3771 $7.9769 $9.117 -26.45%
September, 2025 $7.5375 $7.5375 $8.6872 -33.82%
October, 2025 $8.2179 $0.5222 $13.78 -27.85%
November, 2025 $8.1082 $7.478 $8.4817 -28.81%
December, 2025 $7.8586 $7.4883 $8.1686 -31.00%

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2026

The predicted value for Magyar Bancorp Inc. (MGYR) in 2026 is set at an average of $7.5256. Estimates vary from a peak of $14.53 to a trough of $0.521, indicating an -33.93% surge from the present price of $11.39.
Month Average Low High Change from today's price
January, 2026 $0.5211 $0.5211 $8.1688 -95.43%
February, 2026 $8.5292 $0.521 $8.5792 -25.12%
March, 2026 $9.1197 $8.2393 $9.1197 -19.93%
April, 2026 $10.48 $8.5517 $11.33 -7.99%
May, 2026 $12.49 $9.73 $12.49 +9.64%
June, 2026 $13.23 $12.33 $14.53 +16.16%
July, 2026 $12.68 $12.23 $13.88 +11.33%
August, 2026 $13.36 $12.58 $13.36 +17.31%
September, 2026 $13.28 $12.64 $14.25 +16.61%
October, 2026 $9.8921 $9.8921 $14.17 -13.15%
November, 2026 $9.9824 $9.6278 $10.05 -12.36%
December, 2026 $10.47 $9.9926 $10.51 -8.05%

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Magyar Bancorp Inc. (MGYR) is $11.21, with a high forecast of $12.02 and a low forecast of $10.40. This indicates an -1.58% decrease from the last price of $11.39.
Month Average Low High Change from today's price
January, 2027 $11.30 $10.40 $11.30 -0.76%
February, 2027 $11.23 $10.78 $11.31 -1.37%
March, 2027 $11.87 $11.06 $11.97 +4.25%
April, 2027 $11.92 $11.54 $11.92 +4.69%
May, 2027 $11.47 $11.13 $11.94 +0.74%
June, 2027 $11.58 $10.91 $11.80 +1.71%
July, 2027 $12.00 $11.24 $12.02 +5.35%
August, 2027 $11.44 $11.24 $11.99 +0.40%
September, 2027 $11.00 $10.81 $11.47 -3.46%
October, 2027 $11.42 $10.90 $11.49 +0.24%
November, 2027 $11.35 $10.89 $11.44 -0.31%
December, 2027 $11.52 $11.04 $11.54 +1.12%

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2028

In 2028, Magyar Bancorp Inc. (MGYR) is projected to reach an average price of $11.03, with a high projection of $12.94 and a low estimate of $9.1308. This indicates an -3.12% fall from the last price of $11.39.
Month Average Low High Change from today's price
January, 2028 $11.70 $11.50 $11.92 +2.70%
February, 2028 $11.92 $11.59 $12.72 +4.63%
March, 2028 $11.95 $11.70 $12.19 +4.90%
April, 2028 $12.34 $11.70 $12.39 +8.33%
May, 2028 $12.48 $12.24 $12.94 +9.56%
June, 2028 $12.35 $11.74 $12.49 +8.42%
July, 2028 $12.36 $12.33 $12.74 +8.51%
August, 2028 $12.06 $11.90 $12.58 +5.88%
September, 2028 $10.09 $9.8901 $12.14 -11.41%
October, 2028 $9.5307 $9.1308 $10.24 -16.32%
November, 2028 $9.64 $9.3009 $9.7004 -15.36%
December, 2028 $9.8314 $9.6411 $10.54 -13.68%

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2029

The 2029 price forecast for Magyar Bancorp Inc. Stock (MGYR) is $9.9683 on average, with a high prediction of $11.44 and a low estimate of $8.4932. This represents an -12.48% decrease from the previous price of $11.39.
Month Average Low High Change from today's price
January, 2029 $10.68 $9.6614 $10.77 -6.19%
February, 2029 $10.56 $10.26 $10.78 -7.27%
March, 2029 $10.12 $10.00 $10.53 -11.13%
April, 2029 $9.0677 $8.8527 $10.02 -20.39%
May, 2029 $9.0631 $8.4932 $9.4629 -20.43%
June, 2029 $9.2435 $8.6533 $9.4735 -18.85%
July, 2029 $10.70 $9.1636 $10.77 -6.06%
August, 2029 $10.51 $10.51 $11.19 -7.72%
September, 2029 $10.59 $10.49 $10.69 -7.01%
October, 2029 $10.44 $10.35 $10.69 -8.32%
November, 2029 $10.30 $10.20 $10.64 -9.55%
December, 2029 $11.44 $10.30 $11.44 +0.47%

Magyar Bancorp Inc. Stock (MGYR) Price Forecast for 2030

Magyar Bancorp Inc. Stock (MGYR) is expected to reach an average price of $9.7056 in 2030, with a high forecast of $11.82 and a low forecast of $7.5916. This signifies an -14.79% decrease from the last price of $11.39.
Month Average Low High Change from today's price
January, 2030 $10.94 $10.32 $11.44 -3.91%
February, 2030 $11.04 $10.39 $11.19 -3.03%
March, 2030 $10.85 $10.68 $11.22 -4.78%
April, 2030 $10.76 $9.8761 $11.30 -5.56%
May, 2030 $11.23 $10.36 $11.30 -1.43%
June, 2030 $11.43 $10.68 $11.43 +0.33%
July, 2030 $10.93 $10.84 $11.43 -4.05%
August, 2030 $11.32 $10.91 $11.32 -0.62%
September, 2030 $11.25 $11.05 $11.82 -1.23%
October, 2030 $11.55 $11.27 $11.55 +1.41%
November, 2030 $11.20 $10.96 $11.55 -1.66%
December, 2030 $7.9521 $7.5916 $11.20 -30.18%
$5.36
price up icon 4.48%
banks_regional LYG
$2.61
price up icon 3.57%
banks_regional MFG
$3.85
price down icon 1.03%
banks_regional TFC
$38.17
price up icon 0.53%
banks_regional NU
$11.05
price up icon 1.66%
$6.30
price up icon 3.11%
Cap:     |  Volume (24h):