NASDAQ:SONASouthern National Banc. of Virginia Stock Price, Forecast & News

$10.45

+1.09 (+11.65 %)

(As of 04/10/2020 08:42 AM ET)

Add

Compare

Today's Range

$9.40

Now: $10.45▼

$10.61

50-Day Range

$7.88

MA: $11.68▼

$15.85

52-Week Range

$7.88

Now: $10.45▼

$16.85

Volume89,797 shs

Average Volume94,802 shs

Market Capitalization$253.94 million

P/E Ratio7.68

Dividend Yield4.27%

Beta1.18

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. The company's loan portfolio comprises commercial mortgage and non-mortgage loans, including commercial real estate loans, construction to 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, asset based lending, and mobile banking application services. 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, 2018, it had 38 full-service retail branches in Virginia and 7 full-service retail branches in Maryland. The company was founded in 2004 and is headquartered in McLean, Virginia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Southern National Banc. of Virginia.

2.2 Community Rank

Outperform Votes
Southern National Banc. of Virginia has received 170 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Southern National Banc. of Virginia has received 220 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Southern National Banc. of Virginia has received 56.41% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Southern National Banc. of Virginia and other stocks. Vote “Outperform” if you believe SONA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SONA will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Southern National Banc. of Virginia is a leading dividend payer. It pays a dividend yield of 4.27%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Southern National Banc. of Virginia has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Southern National Banc. of Virginia is 27.03 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Southern National Banc. of Virginia will have a dividend payout ratio of 27.40 % next year. This indicates that Southern National Banc. of Virginia will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Southern National Banc. of Virginia insiders have bought more of their company's stock than they have sold. Specifically, they have bought $758,213.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.50% of the stock of Southern National Banc. of Virginia is held by insiders.
Percentage Held by Institutions
72.38% of the stock of Southern National Banc. of Virginia is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Southern National Banc. of Virginia are expected to grow by 3.55% in the coming year, from $1.41 to $1.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Southern National Banc. of Virginia is 7.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Southern National Banc. of Virginia is 7.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.03.
Price to Book Value per Share Ratio
Southern National Banc. of Virginia has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:SONA

Previous Symbol

CUSIPN/A

CIK1325670

Webhttp://www.sonabank.com/

Phone703-893-7400

Debt

Debt-to-Equity Ratio0.17

Current Ratio0.98

Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio7.68

Forward P/E Ratio7.41

P/E GrowthN/A

Sales & Book Value

Annual Sales$133.11 million

Price / Sales1.91

Cash Flow$1.93 per share

Price / Cash Flow5.42

Book Value$15.60 per share

Price / Book0.67

Profitability

EPS (Most Recent Fiscal Year)$1.48

Net Income$33.17 million

Net Margins24.92%

Return on Equity9.87%

Return on Assets1.33%

Miscellaneous

Employees348

Outstanding Shares24,300,000

Market Cap$253.94 million

Next Earnings Date4/24/2020 (Estimated)

OptionableNot Optionable

Receive SONA News and Ratings via Email

Sign-up to receive the latest news and ratings for SONA and its competitors with MarketBeat's FREE daily newsletter.

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

How has Southern National Banc. of Virginia's stock been impacted by COVID-19 (Coronavirus)?

Southern National Banc. 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. Since then, SONA shares have decreased by 9.8% and is now trading at $10.45. View which stocks have been most impacted by Coronavirus.

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

Southern National Banc. of Virginia is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Southern National Banc. of Virginia.

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

Southern National Banc. of Virginia, Inc (NASDAQ:SONA) issued its quarterly earnings data on Thursday, January, 30th. The bank reported $0.37 earnings per share (EPS) for the quarter. The bank earned $24.03 million during the quarter. Southern National Banc. of Virginia had a net margin of 24.92% and a return on equity of 9.87%. View Southern National Banc. of Virginia's earnings history.

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

Southern National Banc. of Virginia announced a quarterly dividend on Thursday, January 30th. Shareholders of record on Monday, February 17th will be given a dividend of $0.10 per share on Friday, February 28th. This represents a $0.40 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date is Thursday, February 13th. This is a positive change from Southern National Banc. of Virginia's previous quarterly dividend of $0.09. View Southern National Banc. of Virginia's dividend history.

Has Southern National Banc. of Virginia been receiving favorable news coverage?

News headlines about SONA stock have been trending very negative recently, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Southern National Banc. of Virginia earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutSouthern National Banc. of Virginia.

Are investors shorting Southern National Banc. of Virginia?

Southern National Banc. of Virginia saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 148,900 shares, an increase of 65.1% from the February 27th total of 90,200 shares. Based on an average trading volume of 82,200 shares, the short-interest ratio is presently 1.8 days. Currently, 0.8% of the company's shares are sold short. View Southern National Banc. of Virginia's Current Options Chain.

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

Some companies that are related to Southern National Banc. of Virginia include First Busey (BUSE), 1st Source (SRCE), Oritani Financial (ORIT), Enterprise Financial Services (EFSC), German American Bancorp. (GABC), Veritex (VBTX), Carolina Financial (CARO), First Bancorp (FBNC), FB Financial (FBK), Stock Yards Bancorp (SYBT), Republic Bancorp, Inc. KY (RBCAA), First National Bank Alaska (FBAK), OFG Bancorp (OFG), Washington Trust Bancorp (WASH) and Boston Private Financial (BPFH).

What other stocks do shareholders of Southern National Banc. of Virginia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Southern National Banc. of Virginia investors own include Aurora Cannabis (ACB), Teladoc Health (TDOC), Kearny Financial (KRNY), Zynga (ZNGA), Nutanix (NTNX), Freeport-McMoRan (FCX), Transocean (RIG), Twitter (TWTR), Aptose Biosciences (APTO) and Prudential Bancorp (PBIP).

Who are Southern National Banc. of Virginia's key executives?

Southern National Banc. of Virginia's management team includes the following people:

Ms. Georgia S. Derrico, Co-Founder & Exec. Chairman (Age 74)
Mr. Joe A. Shearin, CEO & Director (Age 63)
Mr. R. Roderick Porter, Co-Founder & Exec. Vice Chairman (Age 73)
Mr. Jeffrey H. Culver, Pres (Age 50)
Mr. Jeffrey L. Karafa, Exec. VP & CFO (Age 54)

What is Southern National Banc. of Virginia's stock symbol?

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

Who are Southern National Banc. of Virginia's major shareholders?

Southern National Banc. of Virginia's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (1.00%). Company insiders that own Southern National Banc. of Virginia stock include Charles A Kabbash, Daniel H Burch, Dennis J Zember Jr, Dennis J Zember, Jr, Eric Alan Johnson, F L Garrett III, Georgia S Derrico, Jeffrey Culver, 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 Banc. of Virginia.

Which major investors are buying Southern National Banc. of Virginia stock?

SONA stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have bought Southern National Banc. of Virginia stock in the last two years include Charles A Kabbash, Daniel H Burch, Dennis J Zember Jr, Dennis J Zember, Jr, Eric Alan Johnson, F L Garrett III, Georgia S Derrico, Jeffrey Culver, 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 Banc. of Virginia.

How do I buy shares of Southern National Banc. 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 Banc. of Virginia's stock price today?

One share of SONA stock can currently be purchased for approximately $10.45.

How big of a company is Southern National Banc. of Virginia?

Southern National Banc. of Virginia has a market capitalization of $253.94 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 Banc. of Virginia employs 348 workers across the globe. View additional information about Southern National Banc. of Virginia.

What is Southern National Banc. of Virginia's official website?

The official website for Southern National Banc. of Virginia is http://www.sonabank.com/.

How can I contact Southern National Banc. of Virginia?

Southern National Banc. 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 4/10/2020 by MarketBeat.com Staff

Featured Article: What impact do institutional investors have on markets?