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NASDAQ:SONA

Southern National Bancorp of Virginia Stock Forecast, Price & News

$11.37
-0.17 (-1.47 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$11.12
Now: $11.37
$11.49
50-Day Range
$9.55
MA: $10.42
$11.98
52-Week Range
$7.58
Now: $11.37
$16.85
Volume28,655 shs
Average Volume86,493 shs
Market Capitalization$277.08 million
P/E Ratio12.36
Dividend Yield3.47%
Beta0.94
Southern National Bancorp of Virginia, Inc. operates as the bank holding company for Sonabank that provides commercial banking services to individuals and small and medium sized businesses 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. The company's loan portfolio comprises commercial mortgage and non-mortgage loans, including commercial real estate loans, construction and permanent loans, development and builder loans, accounts receivable financing, lines of credit, equipment and vehicle loans, leasing, and commercial overdraft protection; construction loans for commercial, multifamily, and other non-residential properties; commercial business loans, such as lines of credit, revolving credit facilities, demand loans, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans; residential mortgage lending; and secured and unsecured consumer loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, lockbox, depository transfer, merchant, ACH origination, check 21 processing, and asset based lending, as well as mobile banking application services for personal and business accounts. In addition, the company provides other consumer/retail products and services that include debit and credit cards, ATM services, travelers' checks, notary services, and online banking services. As of December 31, 2019, it operated forty-five full-service branches, which included thirty-eight in Virginia and seven in Maryland. Southern National Bancorp of Virginia, Inc. was founded in 2004 and is based in McLean, Virginia.
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Southern National Bancorp of Virginia logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.54 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SONA
CUSIPN/A
Phone703-893-7400
Employees350

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$133.11 million
Cash Flow$2.01 per share
Book Value$15.60 per share

Profitability

Net Income$33.17 million

Miscellaneous

Market Cap$277.08 million
Next Earnings Date2/4/2021 (Estimated)
OptionableNot Optionable
$11.37
-0.17 (-1.47 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Southern National Bancorp of Virginia (NASDAQ:SONA) Frequently Asked Questions

How has Southern National Bancorp of Virginia's stock price been impacted by COVID-19?

Southern National Bancorp of Virginia's stock was trading at $11.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SONA stock has decreased by 1.8% and is now trading at $11.37.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Southern National Bancorp of Virginia?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Southern National Bancorp of Virginia in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Southern National Bancorp of Virginia
.

What stocks does MarketBeat like better than Southern National Bancorp of Virginia?

Wall Street analysts have given Southern National Bancorp of Virginia a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Southern National Bancorp of Virginia wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Southern National Bancorp of Virginia's next earnings date?

Southern National Bancorp of Virginia is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Southern National Bancorp of Virginia
.

How were Southern National Bancorp of Virginia's earnings last quarter?

Southern National Bancorp of Virginia, Inc. (NASDAQ:SONA) released its quarterly earnings data on Saturday, October, 31st. The bank reported $0.38 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.14. Southern National Bancorp of Virginia had a return on equity of 7.12% and a net margin of 16.77%.
View Southern National Bancorp of Virginia's earnings history
.

How often does Southern National Bancorp of Virginia pay dividends? What is the dividend yield for Southern National Bancorp of Virginia?

Southern National Bancorp of Virginia announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Monday, November 9th will be paid a dividend of $0.10 per share on Friday, November 20th. This represents a $0.40 annualized dividend and a yield of 3.52%. The ex-dividend date is Friday, November 6th.
View Southern National Bancorp of Virginia's dividend history
.

What price target have analysts set for SONA?

2 brokerages have issued twelve-month target prices for Southern National Bancorp of Virginia's stock. Their forecasts range from $9.50 to $9.50. On average, they anticipate Southern National Bancorp of Virginia's share price to reach $9.50 in the next twelve months. This suggests that the stock has a possible downside of 16.4%.
View analysts' price targets for Southern National Bancorp of Virginia
.

Are investors shorting Southern National Bancorp of Virginia?

Southern National Bancorp of Virginia saw a decline in short interest in October. As of October 30th, there was short interest totaling 174,000 shares, a decline of 22.6% from the October 15th total of 224,800 shares. Based on an average daily volume of 80,900 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.9% of the company's shares are short sold.
View Southern National Bancorp of Virginia's Short Interest
.

Who are some of Southern National Bancorp of Virginia's key competitors?

What other stocks do shareholders of Southern National Bancorp of Virginia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern National Bancorp of Virginia investors own include AT&T (T), Zynga (ZNGA), Gilead Sciences (GILD), Teladoc Health (TDOC), Twitter (TWTR), Verizon Communications (VZ), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), General Electric (GE) and Aurora Cannabis (ACB).

Who are Southern National Bancorp of Virginia's key executives?

Southern National Bancorp of Virginia's management team includes the following people:
  • Mr. Jeffrey L. Karafa, Exec. VP & CFO (Age 55, Pay $279.25k)
  • Mr. George Cody Sheflett, Exec. VP, COO & Chief Information Officer (Age 49, Pay $235.02k)
  • Mr. Dennis J. Zember Jr., Pres, CEO & Director (Age 50)
  • Mr. William H. Stevens, Chief Credit Risk Officer (Age 75)
  • Mr. Douglas Robert Taylor, Chief Risk Officer (Age 63)
  • Mr. John Colantoni Jr., Exec. VP & Chief Risk Officer
  • Mr. R. Devon Porter, Sec. (Age 74)
  • Ms. Robyn Reid, VP, Treasurer & Controller
  • Mr. Clinton Tyler Stafford C.F.A., CFA, Pres of Panacea Financial (Age 35)

What is Southern National Bancorp of Virginia's stock symbol?

Southern National Bancorp of Virginia trades on the NASDAQ under the ticker symbol "SONA."

Who are Southern National Bancorp of Virginia's major shareholders?

Southern National Bancorp of Virginia's stock is owned by a number of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (5.84%), BlackRock Inc. (5.74%), PL Capital Advisors LLC (2.22%), State Street Corp (1.80%), Foundry Partners LLC (1.55%) and LSV Asset Management (1.26%). Company insiders that own Southern National Bancorp of Virginia stock include Charles A Kabbash, Clinton Tyler Stafford, Daniel H Burch, Deborah Diaz, Dennis J Zember Jr, Dennis J Zember, Jr, Eric Alan Johnson, F L Garrett III, Georgia S Derrico, Joe A Shearin, John Fitzgerald Biagas, Marie Taylor Leibson, Robert Yates Clagett, W Bruce Jennings, William H Lagos, William H Stevens and William Rand Cook.
View institutional ownership trends for Southern National Bancorp of Virginia
.

Which major investors are selling Southern National Bancorp of Virginia stock?

SONA stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Acadian Asset Management LLC, Wedge Capital Management L L P NC, Maltese Capital Management LLC, WINTON GROUP Ltd, LSV Asset Management, Teton Advisors Inc., and State Street Corp.
View insider buying and selling activity for Southern National Bancorp of Virginia
.

Which major investors are buying Southern National Bancorp of Virginia stock?

SONA stock was acquired by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, PL Capital Advisors LLC, BlackRock Inc., Zebra Capital Management LLC, Mackay Shields LLC, Squarepoint Ops LLC, Foundry Partners LLC, and BNP Paribas Arbitrage SA. Company insiders that have bought Southern National Bancorp of Virginia stock in the last two years include Charles A Kabbash, Clinton Tyler Stafford, Daniel H Burch, Deborah Diaz, Dennis J Zember Jr, Dennis J Zember, Jr, Eric Alan Johnson, F L Garrett III, Georgia S Derrico, Joe A Shearin, John Fitzgerald Biagas, Marie Taylor Leibson, Robert Yates Clagett, W Bruce Jennings, William H Lagos, William H Stevens, and William Rand Cook.
View insider buying and selling activity for Southern National Bancorp of Virginia
.

How do I buy shares of Southern National Bancorp of Virginia?

Shares of SONA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Southern National Bancorp of Virginia's stock price today?

One share of SONA stock can currently be purchased for approximately $11.37.

How big of a company is Southern National Bancorp of Virginia?

Southern National Bancorp of Virginia has a market capitalization of $277.08 million and generates $133.11 million in revenue each year. The bank earns $33.17 million in net income (profit) each year or $1.48 on an earnings per share basis. Southern National Bancorp of Virginia employs 350 workers across the globe.

What is Southern National Bancorp of Virginia's official website?

The official website for Southern National Bancorp of Virginia is www.sonabank.com.

How can I contact Southern National Bancorp of Virginia?

Southern National Bancorp of Virginia's mailing address is 6830 Old Dominion Drive, McLean VA, 22101. The bank can be reached via phone at 703-893-7400 or via email at [email protected]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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