MGYR icon

Magyar Bancorp (MGYR)

NASDAQ

$17.50

-$0.0100 (

-0.06%

)

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Market closed

MGYR: $17.50 / ₿ 0.0003 BTC / 26281 Sats

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Key statistics

$17.51
$13.52 - $20.00
$114.38M
18.79
$17.50
$1,878.88
6.54M
10.14
$16.36 - $28.78
2.28
$17.50 - $17.50
No

What is Magyar Bancorp (MGYR)?

Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.

The Magyar Bancorp (MGYR) stock price has been falling

The Magyar Bancorp, Inc. Common Stock (MGYR) stock price today is $17.50, reflecting a -0.06% move since the market opened. The company’s market capitalization stands at $114.38M, with a daily trading volume of $1.88K shares. For investors tracking price trends, Magyar Bancorp, Inc. Common Stock stock has ranged between $17.50 and $17.50 today. The previous closing price was $17.51.

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MGYR FAQs

MGYR is in the Financial Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

MGYR is in the Banks-Regional industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Magyar Bancorp, Inc. Common Stock (MGYR) has traded between a low of $13.52 and a high of $20.00.

MGYR is in the Banks industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

MGYR’s payout ratio is 0.16. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

MGYR’s trailing dividend yield is 1.82. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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