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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
All the trading advice you’ve ever received boils down to this (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
MarketBeat Week in Review – 12/4 - 12/8
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
All the trading advice you’ve ever received boils down to this (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
MarketBeat Week in Review – 12/4 - 12/8
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
All the trading advice you’ve ever received boils down to this (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Friday, 12/8/2023
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
MarketBeat Week in Review – 12/4 - 12/8
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod

Immersion Stock Price, News & Analysis (NASDAQ:IMMR)

$6.68
+0.05 (+0.75%)
(As of 12/8/2023 ET)
Compare
Today's Range
$6.58
$6.70
50-Day Range
$6.13
$6.85
52-Week Range
$5.94
$9.25
Volume
316,122 shs
Average Volume
359,900 shs
Market Capitalization
$212.69 million
P/E Ratio
5.86
Dividend Yield
1.80%
Price Target
$11.00

Immersion MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
64.7% Upside
$11.00 Price Target
Short Interest
Bearish
4.30% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of Immersion in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$1.32 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Computer And Technology Sector

73rd out of 594 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

2nd out of 13 stocks


IMMR stock logo

About Immersion Stock (NASDAQ:IMMR)

Immersion Corporation, together with its subsidiaries, creates, designs, develop, and licenses 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 also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

IMMR Stock Price History

IMMR Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Blue Valley parents react to Chinese Immersion changes
Immersion: Q3 Earnings Insights
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Immersion: Q3 Earnings Snapshot
Immersion Corporation Reports Third Quarter 2023 Results
Here's what Wall Street expects from Immersion's earnings
Immersion Corp IMMR
Earnings Outlook For Immersion
Immersion Signs License Agreement with Razer
Instrument Name Immersion Corp Instrument Symbol (IMMR-Q)
The Buzz Around This Under $10 Stock of the Week
See More Headlines
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Company Calendar

Ex-Dividend for 10/27 Dividend
10/13/2023
Dividend Payable
10/27/2023
Last Earnings
11/13/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Ex-Dividend for 1/25 Dividend
1/11/2024
Dividend Payable
1/25/2024
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:IMMR
CUSIP
45252110
Employees
19
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
+64.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.66 million
Pretax Margin
117.30%

Debt

Sales & Book Value

Annual Sales
$38.46 million
Cash Flow
$0.79 per share
Book Value
$4.71 per share

Miscellaneous

Free Float
30,471,000
Market Cap
$212.69 million
Optionable
Optionable
Beta
1.41

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IMMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Immersion stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued twelve-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 share price to reach $11.00 in the next twelve months. This suggests a possible upside of 64.7% 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 2023?

Immersion's stock was trading at $7.03 at the start of the year. Since then, IMMR shares have decreased by 5.0% and is now trading at $6.68.
View the best growth stocks for 2023 here
.

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our IMMR earnings forecast
.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings results on Monday, November, 13th. The software maker reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.04. The software maker had revenue of $9.48 million for the quarter, compared to analyst estimates of $7.70 million. Immersion had a trailing twelve-month return on equity of 19.34% and a net margin of 115.24%.

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

Immersion announced a quarterly dividend on Monday, November 13th. Investors of record on Sunday, January 14th will be given a dividend of $0.045 per share on Thursday, January 25th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date is Thursday, January 11th. This is a positive change from the stock's previous quarterly dividend of $0.03.
Read our dividend analysis for IMMR
.

Is Immersion a good dividend stock?

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.81%. The dividend payout ratio is 10.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IMMR will have a dividend payout ratio of 16.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IMMR.

What ETF holds Immersion's stock ?

ProShares Metaverse ETF holds 21,485 shares of IMMR stock, representing 2.14% of its portfolio.

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 shareholders include HAP Trading LLC (0.00%), LSV Asset Management (5.08%), Group One Trading L.P. (0.00%), Acadian Asset Management LLC (1.80%), Wolverine Trading LLC (0.00%) and American Century Companies Inc. (1.30%). Insiders that own company stock include Aaron Akerman, Eric Singer, Francis Jose, Jared Smith, Michael Rudolf Okada, Opportunities Fund Lp Se Viex, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:IMMR) was last updated on 12/9/2023 by MarketBeat.com Staff

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