NASDAQ: MGYR
Last close prices updated as of
Jun 08, 2023, 3:28 PM EST
| USD | BATS BZX Real-Time Price
- Last Close 10.37
- Sector Financial Services
- Industry Banks - Regional
- Investment Style Small Value
- Day Range 10.37 – 10.49
- Year Range 9.64 – 13.45
- Market Cap 69.4965 Mil
- Volume / Avg 2,602.0 / 4,995.7
- Price / Sales 2.23
- Price / Book 0.69
- Forward Div Yield 1.16%
- Trailing Div Yield 1.92%
Morningstar‘s Stock Analysis MGYR
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
About Quantitative Ratings
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Unlock Our Full Analysis With Morningstar Investor
Company Profile MGYR
Business Description
Magyar Bancorp Inc is a mid-tier stock holding company. The business consists of getting retail deposits from the general public in the areas surrounding the main office in New Brunswick, New Jersey and branch offices located in Middlesex and Somerset Counties, New Jersey, and investing those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans, construction loans, and investment securities. The company also originates consumer loans, which consist mainly of secured demand loans.
Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion.
Magyar Bancorp Inc
XNAS: MGYR
| Ponce Financial Group Inc
XNAS: PDLB
| Rhinebeck Bancorp Inc Ordinary Shares
XNAS: RBKB
| Kearny Financial Corp
XNAS: KRNY
| |
Price
| 10.39 | 8.75 | 6.62 | 7.68 |
Currency
| USD | USD | USD | USD |
Change
| +$0.02 (0.19%) | +$0.11 (1.21%) | −$0.50 (7.02%) | −$0.10 (1.29%) |
Market Cap
| 69.50 Mil | 217.74 Mil | 74.70 Mil | 507.52 Mil |
Industry
| Banks - Regional | Banks - Regional | Banks - Regional | Banks - Regional |
Sector
|
Financial Services
|
Financial Services
|
Financial Services
|
Financial Services
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Magyar Bancorp Inc Stock
Yes. MGYR has a forward dividend yield of 1.16%.
See
MGYR’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
MGYR’s market cap is 69.50 Mil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
MGYR’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
MGYR’s price/sales is 2.23.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
MGYR’s price/forward earnings is 8.43.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
MGYR’s price/book is 0.67.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See MGYR’s valuation ratios compared to the Market Index.
MGYR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare MGYR’s historical performance against its industry peers and the overall market.