12 Month Price Forecast For MGYR
Distance to MGYR Price Forecasts
MGYR Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 10:20 AM UTC
MGYR Analyst Ratings & Price Targets
Currently, there are no Wall Street analyst price targets or forecasts available for MGYR (Magyar Bancorp).
MGYR is currently trading at $14.18. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
MGYR Analyst Consensus
MGYR Price Target Range
Latest MGYR Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for MGYR.
| Date | Firm | Analyst | Rating | Change | Price Target |
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Stocks Similar to Magyar Bancorp Inc
The following stocks are similar to Magyar Bancorp based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Magyar Bancorp Inc (MGYR) Financial Data
Magyar Bancorp Inc has a market capitalization of $96.39M with a P/E ratio of 11.9x. The company generates $31.50M in trailing twelve-month revenue with a 24.7% profit margin.
Revenue growth is +18.5% quarter-over-quarter, while maintaining an operating margin of +44.2% and return on equity of +7.2%.
Valuation Metrics
Growth & Margins
Financial Health
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Magyar Bancorp Inc (MGYR) Company Overview
About Magyar Bancorp Inc
Provides consumer and commercial banking services.
The company operates as a bank holding company, generating revenue primarily through interest on loans and fees from various banking services. It offers a range of deposit accounts and loans, including residential and commercial mortgages, home equity lines of credit, and small business loans. Additionally, Magyar Bancorp provides non-deposit investment products and financial planning services, creating multiple streams of income.
Founded in 1922 and headquartered in New Brunswick, New Jersey, the company serves individuals, businesses, and nonprofit organizations. Its diverse service offerings include investment securities and insurance products, positioning it well in the financial services market.
Company Information
Sector
Financial Services
Industry
Banks - Regional
Employees
89
CEO
Mr. John S. Fitzgerald
Country
United States
IPO Year
N/A
Website
www.magbank.comMagyar Bancorp Inc (MGYR) Latest News & Analysis
MAGYAR BANCORP, INC. DECLARES SPECIAL CASH DIVIDEND
2 months agoMagyar Bancorp, Inc. (NASDAQ: MGYR) declared a special cash dividend of $0.04, payable December 20, 2024, to shareholders on record as of December 6, 2024.
Magyar Bancorp's special cash dividend signals financial health and a commitment to returning value to shareholders, potentially attracting more investors and boosting stock demand.
Magyar Bancorp (NASDAQ: MGYR) announced its operational results for Q3 and the fiscal year ending September 30, 2024, in a report released on October 31, 2024.
Magyar Bancorp's quarterly and annual financial results can impact its stock performance, indicating profitability trends and operational efficiency, which affect investor sentiment and decisions.
MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS, DECLARES DIVIDEND, APPOINTS MICHAEL R.
5 months agoMagyar Bancorp (NASDAQ: MGYR) announced its operational results for the three and nine months ending June 30, 2024, on July 25, 2024.
Magyar Bancorp's operational results impact its financial health and stock performance, guiding investor sentiment and potential investment decisions.
Magyar Bancorp (NASDAQ: MGYR) announced its operational results for the three and six months ending March 31, 2024. Further details on performance to follow.
Magyar Bancorp's operational results indicate financial health and performance trends, influencing stock valuation and investment decisions.
Magyar Bancorp (NASDAQ: MGYR) announced its operational results for Q4 2023, ending December 31, 2023. Further details on financial performance were likely provided in the full report.
Magyar Bancorp's quarterly results can influence stock performance, investor sentiment, and future growth projections, impacting investment decisions and market valuation.
Magyar Bancorp (NASDAQ: MGYR) announced its operational results for Q3 and the fiscal year ending September 30, 2023. Further details are expected in the full report.
Magyar Bancorp's quarterly and annual performance results can influence stock price, investor sentiment, and future growth projections, impacting investment decisions.
Frequently Asked Questions About MGYR Stock
What is Magyar Bancorp Inc's (MGYR) stock forecast for 2025?
Analyst forecasts for Magyar Bancorp Inc (MGYR) are not currently available. The stock is trading at $14.18.
Is MGYR stock a good investment in 2025?
Analyst ratings for MGYR are not currently available. The stock is currently trading at $14.18. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for MGYR stock?
Price predictions from Wall Street analysts for MGYR are not currently available. The stock is trading at $14.18.
What is Magyar Bancorp Inc's business model?
The company operates as a bank holding company, generating revenue primarily through interest on loans and fees from various banking services. It offers a range of deposit accounts and loans, including residential and commercial mortgages, home equity lines of credit, and small business loans. Additionally, Magyar Bancorp provides non-deposit investment products and financial planning services, creating multiple streams of income.
What is the highest forecasted price for MGYR Magyar Bancorp Inc?
Price targets from Wall Street analysts for MGYR are not currently available. The stock is trading at $14.18.
What is the lowest forecasted price for MGYR Magyar Bancorp Inc?
Price targets from Wall Street analysts for MGYR are not currently available. The stock is trading at $14.18.
What is the overall MGYR consensus from analysts for Magyar Bancorp Inc?
Analyst ratings for MGYR are not currently available. The stock is trading at $14.18.
How accurate are MGYR stock price projections?
Stock price projections, including those for Magyar Bancorp Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
