NASDAQ:IMMR

Immersion (IMMR) Stock Price, News & Analysis

$7.10
-0.11 (-1.53%)
(As of 01:42 PM ET)
Today's Range
$7.07
$7.19
50-Day Range
$6.58
$8.37
52-Week Range
$5.94
$8.62
Volume
77,093 shs
Average Volume
504,551 shs
Market Capitalization
$225.07 million
P/E Ratio
6.89
Dividend Yield
2.54%
Price Target
$11.00

Immersion MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
54.9% Upside
$11.00 Price Target
Short Interest
Healthy
4.53% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Immersion in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$106,860 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.37 out of 5 stars

Computer And Technology Sector

193rd out of 586 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

5th out of 13 stocks

IMMR stock logo

About Immersion Stock (NASDAQ:IMMR)

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things. The company was incorporated in 1993 and is headquartered in Aventura, Florida.

IMMR Stock Price History

IMMR Stock News Headlines

BWS Financial Reiterates Buy Rating for Immersion (NASDAQ:IMMR)
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Immersion declares $0.045 dividend
3 Undervalued Stocks That Could 10X in 5 Years
Immersion Renews License Agreement With Nintendo
Immersion Corp.
See More Headlines
Receive IMMR Stock News and Ratings via Email

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

Company Calendar

Last Earnings
3/07/2024
Ex-Dividend for 4/19 Dividend
4/11/2024
Dividend Payable
4/19/2024
Today
4/25/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:IMMR
CUSIP
45252110
Employees
14
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$11.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+54.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$33.98 million
Pretax Margin
126.52%

Debt

Sales & Book Value

Annual Sales
$33.92 million
Cash Flow
$1.06 per share
Book Value
$5.75 per share

Miscellaneous

Free Float
29,957,000
Market Cap
$225.39 million
Optionable
Optionable
Beta
1.49

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

IMMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Immersion stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IMMR shares.
View IMMR analyst ratings
or view top-rated stocks.

What is Immersion's stock price target for 2024?

1 brokerages have issued 12 month price targets for Immersion's shares. Their IMMR share price targets range from $11.00 to $11.00. On average, they anticipate the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 54.9% from the stock's current price.
View analysts price targets for IMMR
or view top-rated stocks among Wall Street analysts.

How have IMMR shares performed in 2024?

Immersion's stock was trading at $7.06 at the beginning of the year. Since then, IMMR stock has increased by 0.6% and is now trading at $7.10.
View the best growth stocks for 2024 here
.

Are investors shorting Immersion?

Immersion saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,310,000 shares, an increase of 17.0% from the March 31st total of 1,120,000 shares. Based on an average daily volume of 566,400 shares, the days-to-cover ratio is presently 2.3 days. Currently, 4.5% of the shares of the stock are sold short.
View Immersion's Short Interest
.

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our IMMR earnings forecast
.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) posted its earnings results on Thursday, March, 7th. The software maker reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.30. The software maker earned $10.38 million during the quarter, compared to analysts' expectations of $9.25 million. Immersion had a trailing twelve-month return on equity of 19.75% and a net margin of 100.17%.

How often does Immersion pay dividends? What is the dividend yield for Immersion?

Immersion announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, April 12th will be given a dividend of $0.045 per share on Friday, April 19th. This represents a $0.18 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date of this dividend is Thursday, April 11th.
Read our dividend analysis for IMMR
.

Is Immersion a good dividend stock?

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.18 per share and currently has a dividend yield of 2.51%. The dividend payout ratio is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.

What ETFs hold Immersion's stock?

ETFs with the largest weight of Immersion (NASDAQ:IMMR) stock in their portfolio include ProShares Metaverse ETF (VERS) and Jacob Forward ETF (JFWD).Invesco Nasdaq Future Gen 200 ETF (QQQS).

What is Ramzi Haidamus' approval rating as Immersion's CEO?

3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among the company's employees.

What other stocks do shareholders of Immersion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Twitter (TWTR), Micron Technology (MU), Sorrento Therapeutics (SRNE), Tesla (TSLA), Salesforce (CRM) and Trade Desk (TTD).

Who are Immersion's major shareholders?

Immersion's stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.26%), Register Financial Advisors LLC (0.08%) and Assenagon Asset Management S.A. (0.06%). Insiders that own company stock include Aaron Akerman, Elias Nader, Eric Singer, Francis Jose, Toro 18 Holdings Llc and William C Martin.
View institutional ownership trends
.

How do I buy shares of Immersion?

Shares of IMMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IMMR) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners