Shares of Southern National Banc. of Virginia, Inc (NASDAQ:SONA) have earned a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Brokerages have set a twelve-month consensus target price of $20.50 for the company and are expecting that the company will post $0.35 EPS for the current quarter, according to Zacks. Zacks has also given Southern National Banc. of Virginia an industry rank of 165 out of 256 based on the ratings given to related companies.
SONA has been the subject of several research reports. Zacks Investment Research raised Southern National Banc. of Virginia from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research note on Thursday, May 9th. ValuEngine raised Southern National Banc. of Virginia from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, BidaskClub cut Southern National Banc. of Virginia from a “hold” rating to a “sell” rating in a research note on Saturday, August 17th.
Shares of Southern National Banc. of Virginia stock traded up $0.43 during mid-day trading on Thursday, hitting $14.86. 854 shares of the stock were exchanged, compared to its average volume of 34,525. Southern National Banc. of Virginia has a 12 month low of $12.87 and a 12 month high of $17.69. The company has a 50-day simple moving average of $15.02 and a 200 day simple moving average of $15.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $346.70 million, a P/E ratio of 10.73 and a beta of 0.89.
The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 12th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, August 9th. This represents a $0.36 annualized dividend and a dividend yield of 2.42%. Southern National Banc. of Virginia’s dividend payout ratio is presently 25.90%.
Southern National Banc. of Virginia Company Profile
Southern National Bancorp of Virginia, Inc operates as the bank holding company for Sonabank that provides commercial banking services to middle market corporate clients and retail clients in the United States. Its deposit products include noninterest-bearing and interest-bearing checking, commercial checking, money market, and savings accounts, as well as certificates of deposit.
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