Should I Buy MGYR? MGYR 2026 Analysis

Should You Buy Magyar Bancorp Inc (MGYR) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

17.580

1 Day change

-1.66%

52 Week Range

19.040

Analysis Updated At

2026/01/30

Buy now. Despite a short-term momentum dip (negative MACD), MGYR’s broader trend remains constructive (bullish moving-average stack), and the latest quarter showed strong top-line and net interest/dividend income growth. With price sitting close to the pivot/support zone, the risk/reward is favorable for an impatient buyer looking for near-term upside toward the 17.90–18.09 resistance area.

Technical Analysis

Trend/structure: Bullish moving-average alignment (SMA_5 > SMA_20 > SMA_200) suggests the primary trend is still up. Momentum: MACD histogram is negative (-0.0118) and expanding lower, indicating near-term weakness/pullback risk. RSI: RSI_6 at 41.36 is neutral-to-soft (not oversold), implying room for either stabilization or another leg down before a clean bounce. Levels: Pivot 17.593 is essentially where price is hovering. Immediate support S1 17.283 (then S2 17.092). Resistance levels to clear: R1 17.902, R2 18.094. Pattern-based odds: Similar-pattern model indicates a positive drift bias (about +0.69% next day, +1.19% next week, +6.54% next month). **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Positive Catalysts

Quarterly results (reported 2026-01-29) showed GAAP EPS of $0.50 with stable profitability.
Net interest and dividend income rose by $1.5M (+19%) to $8.9M for the quarter ended Dec 31, 2025, supporting earnings power.
News flow is broadly positive and could improve market confidence in the name.

Neutral/Negative Catalysts

Near-term technical momentum is weakening (MACD negative and deteriorating), increasing the chance of a brief pullback toward 17.28/17.09 support.
Net income was essentially flat to slightly down YoY in the provided financial snapshot (-0.71%), implying profitability growth is not fully matching revenue growth yet.
No notable hedge fund or insider accumulation trend reported recently (both neutral).

Financial Performance

Latest reported period (quarter ended Dec 31, 2025; released 2026-01-29): Revenue increased to ~$8.83M (+20.12% YoY). Net income was ~$2.53M (-0.71% YoY). EPS was ~$0.40 (flat YoY in the snapshot), while the news notes GAAP EPS of $0.50 for the quarter. A key positive is net interest and dividend income growth (+19% to $8.9M), signaling improving core banking income even though bottom-line growth was muted.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating/price target change data was provided, so there’s no clear read on recent Wall Street upgrades/downgrades. Overall pros/cons view from available data: Pros—improving net interest/dividend income and strong revenue growth; constructive longer-term technical trend. Cons—short-term momentum is soft and net income growth is not accelerating.

Analyst Rating

Wall Street analysts forecast MGYR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGYR is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold

Sell

Current: 17.880

Low

Averages

High