Want to see MGYR full AI Analyst Report?
Top Page
Magyar Bancorp
(NASDAQ:MGYR)
Select Model
Select Model
Rating:78Outperform
Price Target:
$25.00
▲(28.21% Upside)
Action:Reiterated
Date:10/31/26
The score is driven primarily by strong financial performance (profitability and cash generation with manageable leverage). Technicals are supportive but somewhat capped by overbought momentum (high RSI). Valuation is reasonable at ~11x earnings with a modest dividend, and a recent earnings/dividend event adds a positive catalyst.
Positive Factors
Earnings Growth and Profitability
Sustained revenue expansion and a healthy TTM net margin indicate that Magyar Bancorp is converting business growth into meaningful earnings. Rising net income strengthens internal capital generation, supports investment in the franchise, and provides a durable base for shareholder returns over coming quarters.
Negative Factors
Higher Debt Burden
Although leverage remains moderate, the increase in debt reduces financial flexibility compared with the earlier lower-leverage profile. A larger funding burden can constrain capital allocation and leave less room to absorb weaker results, higher funding costs, or slower balance-sheet growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Earnings Growth and Profitability
Sustained revenue expansion and a healthy TTM net margin indicate that Magyar Bancorp is converting business growth into meaningful earnings. Rising net income strengthens internal capital generation, supports investment in the franchise, and provides a durable base for shareholder returns over coming quarters.
Read all positive factors
Magyar Bancorp (MGYR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$143.96M
Dividend Yield1.7%
Average Volume (3M)2.23K
Price to Earnings (P/E)11.0
Beta (1Y)0.15
Revenue Growth8.91%
EPS Growth30.08%
CountryUS
Employees95
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.90
Shares Outstanding6,455,383
10 Day Avg. Volume3,427
30 Day Avg. Volume2,229
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)0.91
Price to Sales (P/S)1.84
P/FCF Ratio10.97
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue2.55
Enterprise Value/Gross Profit4.14
Enterprise Value/Ebitda9.11
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Magyar Bancorp Business Overview & Revenue Model
Company Description
Magyar Bancorp, Inc. functions as the parent entity for Magyar Bank, a financial institution that delivers a wide array of personal and business banking services. Serving individuals, companies, and non-profit organizations throughout New Jersey, ...
How the Company Makes Money
Magyar Bancorp primarily makes money through its subsidiary bank by earning interest and fees associated with banking products and services. The largest driver is typically net interest income: the bank collects interest on loans and other interes...
Magyar Bancorp Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
74
Positive
Cash Flow
79
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.38M | 58.42M | 52.12M | 40.74M | 32.22M | 31.62M |
| Gross Profit | 38.37M | 35.21M | 31.44M | 30.03M | 29.43M | 27.05M |
| EBITDA | 17.44M | 14.75M | 11.99M | 11.58M | 12.01M | 9.56M |
| Net Income | 11.78M | 9.76M | 7.78M | 7.71M | 7.92M | 6.12M |
Balance Sheet | ||||||
| Total Assets | 1.05B | 997.66M | 951.92M | 907.29M | 798.54M | 773.99M |
| Cash, Cash Equivalents and Short-Term Investments | 39.41M | 22.98M | 41.21M | 82.66M | 40.16M | 88.13M |
| Total Debt | 49.05M | 49.05M | 28.57M | 33.90M | 20.37M | 23.36M |
| Total Liabilities | 921.88M | 878.82M | 841.37M | 802.50M | 700.04M | 676.35M |
| Stockholders Equity | 126.62M | 118.84M | 110.55M | 104.79M | 98.50M | 97.64M |
Cash Flow | ||||||
| Free Cash Flow | 14.93M | 9.81M | 5.51M | 8.18M | 10.81M | 8.84M |
| Operating Cash Flow | 14.98M | 10.39M | 6.32M | 8.48M | 11.20M | 9.26M |
| Investing Cash Flow | -55.04M | -64.25M | -90.29M | -66.05M | -69.74M | -8.20M |
| Financing Cash Flow | 44.49M | 35.35M | 37.04M | 99.17M | 14.28M | 12.41M |
Magyar Bancorp Technical Analysis
Positive
19.50
Price Trends
19.50
Positive
18.80
Positive
18.09
Positive
Market Momentum
0.42
Negative
77.62
Negative
53.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MGYR, the sentiment is Positive. The current price of 19.5 is below the 20-day moving average (MA) of 19.64, below the 50-day MA of 19.50, and above the 200-day MA of 18.09, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 77.62 is Negative, neither overbought nor oversold. The STOCH value of 53.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MGYR.
Magyar Bancorp Risk Analysis
Magyar Bancorp disclosed 17 risk factors in its most recent earnings report. Magyar Bancorp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Magyar Bancorp Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $143.96M | 11.04 | 10.23% | 1.70% | 8.91% | 30.08% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $115.56M | 13.27 | 7.76% | 1.82% | 0.49% | 26.64% | |
60 Neutral | $112.91M | 8.68 | 15.07% | 6.31% | 3.17% | 5.55% | |
57 Neutral | $116.51M | 42.66 | 1.34% | ― | 21.45% | ― | |
55 Neutral | $119.92M | -41.56 | -2.02% | 1.33% | -10.03% | -162.70% | |
54 Neutral | $134.47M | 36.84 | 2.02% | 1.17% | 9.63% | 37.01% |
* Financial Sector Average
MGYR
Magyar Bancorp
22.30
5.65
33.93%
RVSB
Riverview Bancorp
6.01
0.91
17.75%
UNB
Union Bankshares
22.83
1.32
6.14%
SFBC
Sound Financial Bancorp
45.00
1.18
2.69%
BSBK
Bogota Financial
9.13
0.46
5.31%
SRBK
SR Bancorp, Inc.
18.79
4.25
29.24%
Magyar Bancorp Corporate Events
DividendsFinancial Disclosures
Magyar Bancorp Reports Strong Earnings, Raises Quarterly Dividend
Positive
Oct 28, 2026
On October 28, 2026, Magyar Bancorp reported fiscal fourth-quarter and full-year results for the periods ended September 30, 2026, posting a 31% rise in quarterly net income to $3.3 million and a 29% increase in annual net income to $12.6 million ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.