Southern National Banc. of Virginia (SONA) Earns News Impact Score of 0.05
News headlines about Southern National Banc. of Virginia (NASDAQ:SONA) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Southern National Banc. of Virginia earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 46.4548735987572 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
NASDAQ:SONA traded down $0.03 during trading hours on Friday, reaching $17.45. 357 shares of the company’s stock were exchanged, compared to its average volume of 34,582. The stock has a market cap of $417.48 million, a P/E ratio of 19.81 and a beta of 0.26. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.93 and a quick ratio of 0.93. Southern National Banc. of Virginia has a 1-year low of $15.11 and a 1-year high of $18.24.
Southern National Banc. of Virginia (NASDAQ:SONA) last issued its quarterly earnings results on Thursday, July 26th. The bank reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.07. The firm had revenue of $25.73 million during the quarter, compared to analysts’ expectations of $24.10 million. Southern National Banc. of Virginia had a net margin of 16.31% and a return on equity of 8.52%. sell-side analysts expect that Southern National Banc. of Virginia will post 1.32 EPS for the current fiscal year.
Several research analysts have recently issued reports on SONA shares. ValuEngine cut shares of Southern National Banc. of Virginia from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. BidaskClub upgraded shares of Southern National Banc. of Virginia from a “sell” rating to a “hold” rating in a report on Thursday, August 2nd. Finally, Zacks Investment Research upgraded shares of Southern National Banc. of Virginia from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Thursday, August 2nd.
About Southern National Banc. of Virginia
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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