Magyar Bancorp Stock Today

MGYR Stock  USD 14.45  0.01  0.07%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Magyar Bancorp is selling at 14.45 as of the 9th of December 2024; that is 0.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 14.45. Magyar Bancorp has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 9th of November 2024 and ending today, the 9th of December 2024. Click here to learn more.
Business Domain
Banks
IPO Date
24th of January 2006
Category
Financial Services
Classification
Financials
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. As of July 21, 2021, Magyar Bancorp, Inc. The company has 6.49 M outstanding shares of which 5.41 K shares are now shorted by private and institutional investors with about 2.57 trading days to cover. More on Magyar Bancorp

Moving together with Magyar Stock

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Moving against Magyar Stock

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  0.63NU Nu HoldingsPairCorr

Magyar Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Fitzgerald
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0080.0076
Sufficiently Up
Slightly volatile
Asset Turnover0.02340.0302
Significantly Down
Very volatile
Gross Profit Margin0.780.89
Fairly Down
Slightly volatile
Total Current Liabilities770.3 M733.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total196 M186.7 M
Sufficiently Up
Slightly volatile
Total Assets610.6 MB
Way Down
Slightly volatile
Total Current Assets51.9 M65.3 M
Significantly Down
Slightly volatile
Total Cash From Operating ActivitiesM9.8 M
Significantly Down
Very volatile
Debt Levels
Magyar Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magyar Bancorp's financial leverage. It provides some insight into what part of Magyar Bancorp's total assets is financed by creditors.
Liquidity
Magyar Bancorp currently holds 29.52 M in liabilities with Debt to Equity (D/E) ratio of 11.25, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Magyar Bancorp's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

264,195
Magyar Bancorp (MGYR) is traded on NASDAQ Exchange in USA. It is located in 400 Somerset Street, New Brunswick, NJ, United States, 08901 and employs 4 people. Magyar Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 85.93 M. Magyar Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 6.49 M outstanding shares of which 5.41 K shares are now shorted by private and institutional investors with about 2.57 trading days to cover. Magyar Bancorp currently holds about 27.94 M in cash with 8.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.94.
Check Magyar Bancorp Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Magyar Bancorp is $85.93 Million. 30% of Magyar Bancorp outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Magyar Ownership Details

Magyar Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
14.3 K
Bridgeway Capital Management, Llc2024-09-30
13.6 K
Blackrock Inc2024-06-30
13.4 K
Private Advisor Group, Llc2024-09-30
11.1 K
Morgan Stanley - Brokerage Accounts2024-09-30
3.2 K
Pom Investment Strategies, Llc2024-09-30
428
Bank Of America Corp2024-09-30
177
Tower Research Capital Llc2024-09-30
65.0
Royal Bank Of Canada2024-09-30
0.0
Alliancebernstein L.p.2024-09-30
644.2 K
M3f, Inc.2024-09-30
463 K
View Magyar Bancorp Diagnostics

Magyar Bancorp Historical Income Statement

At this time, Magyar Bancorp's Income Tax Expense is relatively stable compared to the past year. As of 12/09/2024, Net Income From Continuing Ops is likely to grow to about 9.3 M, while Interest Expense is likely to drop slightly above 5.4 M. View More Fundamentals

Magyar Stock Against Markets

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.