Southern National Bancorp of Virginia (SONA) Getting Favorable News Coverage, Study Finds

Media coverage about Southern National Bancorp of Virginia (NASDAQ:SONA) has trended positive recently, according to AlphaOne Sentiment. AlphaOne, a division of Accern, identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Southern National Bancorp of Virginia earned a news impact score of 0.38 on AlphaOne’s scale. AlphaOne also assigned news coverage about the bank an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the near term.

Shares of Southern National Bancorp of Virginia (NASDAQ:SONA) traded down 2.45% during trading on Friday, hitting $17.13. 62,806 shares of the stock traded hands. The firm has a 50-day moving average of $17.41 and a 200-day moving average of $16.68. Southern National Bancorp of Virginia has a 1-year low of $11.60 and a 1-year high of $18.48. The firm has a market capitalization of $211.38 million, a price-to-earnings ratio of 21.96 and a beta of 0.41.

The firm also recently declared a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Monday, May 15th were paid a $0.08 dividend. The ex-dividend date was Thursday, May 11th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.87%. Southern National Bancorp of Virginia’s dividend payout ratio (DPR) is presently 40.51%.

Several equities analysts have recently issued reports on the stock. ValuEngine raised shares of Southern National Bancorp of Virginia from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research lowered shares of Southern National Bancorp of Virginia from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd.

TRADEMARK VIOLATION WARNING: “Southern National Bancorp of Virginia (SONA) Getting Favorable News Coverage, Study Finds” was posted by WKRB News and is the sole property of of WKRB News. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.wkrb13.com/markets/2228777/southern-national-bancorp-of-virginia-sona-getting-favorable-news-coverage-study-finds.html.

In other Southern National Bancorp of Virginia news, Director Frederick L. Bollerer purchased 3,800 shares of the firm’s stock in a transaction that occurred on Wednesday, March 29th. The shares were purchased at an average cost of $8.56 per share, for a total transaction of $32,528.00. Following the completion of the purchase, the director now directly owns 9,989 shares in the company, valued at $85,505.84. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John J. Forch purchased 6,800 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The stock was acquired at an average price of $8.08 per share, for a total transaction of $54,944.00. The disclosure for this purchase can be found here. 9.60% of the stock is owned by insiders.

Southern National Bancorp 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.

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2228777/southern-national-bancorp-of-virginia-sona-getting-favorable-news-coverage-study-finds.html

Receive News & Ratings for Southern National Bancorp of Virginia Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southern National Bancorp of Virginia Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.