News coverage about Southern National Bancorp of Virginia (NASDAQ:SONA) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Southern National Bancorp of Virginia earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 45.8962610344754 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts recently issued reports on SONA shares. ValuEngine upgraded Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Wednesday, August 30th. Finally, BidaskClub downgraded Southern National Bancorp of Virginia from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th.
Shares of Southern National Bancorp of Virginia (SONA) traded down 0.80% on Tuesday, reaching $16.20. The company’s stock had a trading volume of 58,318 shares. The company has a market cap of $387.34 million, a price-to-earnings ratio of 48.65 and a beta of 0.36. Southern National Bancorp of Virginia has a 52-week low of $12.60 and a 52-week high of $18.48. The stock has a 50-day moving average of $16.55 and a 200 day moving average of $17.04.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 25th. Stockholders of record on Monday, August 14th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. The ex-dividend date was Thursday, August 10th. Southern National Bancorp of Virginia’s dividend payout ratio is currently 91.43%.
In other Southern National Bancorp of Virginia news, Chairman Georgia S. Derrico purchased 4,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was purchased at an average price of $15.75 per share, for a total transaction of $63,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.20% of the stock is owned by insiders.
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About Southern National Bancorp of Virginia
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.
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