MGYR News

Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...

John Fitzgerald has been the CEO of Magyar Bancorp, Inc. (NASDAQ:MGYR) since 2010. First, this article will compare...

For many investors, the main point of stock picking is to generate higher returns than the overall market. But its...

Unfortunately for some shareholders, the Magyar Bancorp (NASDAQ:MGYR) share price has dived in the last thirty days...

NEW BRUNSWICK, N.J., July 22, 2019 /PRNewswire/ -- Magyar Bancorp (MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ended June 30, 2019. The Company reported a 21% increase in net income to $726,000 for the three months ended June 30, 2019, compared to net income of $599,000 for the three months ended June 30, 2018. Net income for the nine months ended June 30, 2019 increased 65% to $2.2 million compared to net income of $1.3 million for the nine months ended June 30, 2018.

When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...

Unfortunately for some shareholders, the Magyar Bancorp (NASDAQ:MGYR) share price has dived in the last thirty days...

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Unfortunately for some shareholders, the Magyar Bancorp (NASDAQ:MGYR) share price has dived in the last thirty days...

Magyar Bancorp (NASDAQ: MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ended March 31, 2020.

Magyar Bancorp (NASDAQ:MGYR) shares have retraced a considerable in the last month, but the stock is still up slightly...

NEW BRUNSWICK, N.J., Nov. 12, 2019 /PRNewswire/ -- Magyar Bancorp (MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and year ended September 30, 2019. The Company reported a 16% increase in net income to $818,000 for the three months ended September 30, 2019 compared to net income of $704,000 for the three months ended September 30, 2018. The Company also reported a 48% increase in net income for the year ended September 30, 2019 to $2,996,000 compared to net income of $2,030,000 for the year ended September 30, 2018.

Magyar Bancorp (NASDAQ:MGYR) shares have given back plenty of recent gains in the last month, dropping . Looking back...