Southern National Banc. of Virginia (SONA) Earning Somewhat Favorable News Coverage, Analysis Finds

News stories about Southern National Banc. of Virginia (NASDAQ:SONA) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Southern National Banc. of Virginia earned a news impact score of 0.10 on Accern’s scale. Accern also gave news articles about the bank an impact score of 45.3329747091705 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

SONA has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Southern National Banc. of Virginia from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Wednesday, August 30th. ValuEngine downgraded shares of Southern National Banc. of Virginia from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, BidaskClub downgraded shares of Southern National Banc. of Virginia from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th.

Shares of Southern National Banc. of Virginia (NASDAQ SONA) opened at $16.12 on Tuesday. Southern National Banc. of Virginia has a 52-week low of $15.11 and a 52-week high of $18.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $385.29, a price-to-earnings ratio of 19.41 and a beta of 0.37.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 13th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend was Friday, November 10th. Southern National Banc. of Virginia’s payout ratio is currently 103.23%.

In other Southern National Banc. of Virginia news, insider Georgia S. Derrico purchased 10,000 shares of Southern National Banc. of Virginia stock in a transaction that occurred on Thursday, November 30th. The stock was acquired at an average price of $9.20 per share, with a total value of $92,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 9.60% of the company’s stock.

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Southern National Banc. of Virginia Company Profile

Southern National Bancorp of Virginia, Inc (Southern National) is the bank holding company for Sonabank (Sonabank). The Company’s principal business is the acquisition of deposits from the general public through its branch offices and deposit intermediaries, as well as the use of these deposits to fund its loan and investment portfolios.

Insider Buying and Selling by Quarter for Southern National Banc. of Virginia (NASDAQ:SONA)

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