Immersion Stock Price, News & Analysis (NASDAQ:IMMR) $6.68 +0.05 (+0.75%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$6.58▼$6.7050-Day Range$6.13▼$6.8552-Week Range$5.94▼$9.25Volume316,122 shsAverage Volume359,900 shsMarket Capitalization$212.69 millionP/E Ratio5.86Dividend Yield1.80%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Immersion MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside64.7% Upside$11.00 Price TargetShort InterestBearish4.30% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.95Based on 3 Articles This WeekInsider TradingAcquiring Shares$1.32 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsComputer And Technology Sector73rd out of 594 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry2nd out of 13 stocks 3.5 Analyst's Opinion Consensus RatingImmersion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, Immersion has a forecasted upside of 64.7% from its current price of $6.68.Amount of Analyst CoverageImmersion has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.30% of the float of Immersion has been sold short.Short Interest Ratio / Days to CoverImmersion has a short interest ratio ("days to cover") of 4.5.Change versus previous month Previous Next 2.5 Dividend Strength Dividend YieldImmersion pays a meaningful dividend of 1.81%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthImmersion does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Immersion is 10.53%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Immersion will have a dividend payout ratio of 16.22% next year. This indicates that Immersion will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IMMR. Previous Next 3.9 News and Social Media Coverage News SentimentImmersion has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Immersion this week, compared to 1 article on an average week.Search Interest2 people have searched for IMMR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows6 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Immersion insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,316,228.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.30% of the stock of Immersion is held by insiders.Percentage Held by Institutions58.69% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Immersion are expected to remain at $0.74 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Immersion is 5.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Immersion is 5.86, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 222.82.Price to Book Value per Share RatioImmersion has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More IMMR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMMR Stock News HeadlinesDecember 7, 2023 | bitcoinmagazine.comSunnySide, Rosseau Partner To Offer Bitcoin Mining Companies Immersion Cooling TechNovember 30, 2023 | finanznachrichten.deBitMine Immersion Technologies Inc.: Bitmine Immersion Technologies, Inc. Issues Letter to Shareholders Highlighting Corporate Strategy and OutlookDecember 9, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. November 28, 2023 | finance.yahoo.comImmersion Corporation (NASDAQ:IMMR) is a favorite amongst institutional investors who own 63%November 16, 2023 | news.yahoo.comBlue Valley parents react to Chinese Immersion changesNovember 15, 2023 | benzinga.comImmersion Stock (NASDAQ:IMMR) Earnings Dates and Earning CallsNovember 13, 2023 | finance.yahoo.comImmersion Corp (IMMR) Reports Decline in Q3 Revenues with Increased DividendNovember 13, 2023 | benzinga.comImmersion: Q3 Earnings InsightsDecember 9, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. November 13, 2023 | washingtonpost.comImmersion: Q3 Earnings SnapshotNovember 13, 2023 | finance.yahoo.comImmersion Corporation Reports Third Quarter 2023 ResultsNovember 12, 2023 | markets.businessinsider.comHere's what Wall Street expects from Immersion's earningsNovember 11, 2023 | benzinga.comSHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Immersion Corporation (NASDAQ: IMMR) and Encourages Investors to Contact the FirmNovember 10, 2023 | morningstar.comImmersion Corp IMMRNovember 10, 2023 | benzinga.comEarnings Outlook For ImmersionNovember 8, 2023 | news.yahoo.comTHese students in Jerome are bilingual, thanks to Dual ImmersionNovember 6, 2023 | msn.comImmersion (IMMR) Stock Falls Amid Market Uptick: What Investors Need to KnowNovember 2, 2023 | finance.yahoo.comImmersion Signs License Agreement with RazerNovember 1, 2023 | finance.yahoo.comThis Immersion Insider Increased Their Holding In The Last YearNovember 1, 2023 | investing.comImmersion stock modestly outperforms S&P 500, despite monthly depreciationOctober 31, 2023 | msn.comImmersion (IMMR) Outperforms Broader Market: What You Need to KnowOctober 26, 2023 | finance.yahoo.comImmersion (IMMR) Ascends While Market Falls: Some Facts to NoteOctober 20, 2023 | msn.comDothan High launch Exhibit of Art Immersion with Butch AnthonyOctober 20, 2023 | theglobeandmail.comInstrument Name Immersion Corp Instrument Symbol (IMMR-Q)October 18, 2023 | msn.comImmersion (IMMR) Declines More Than Market: Some Information for InvestorsOctober 13, 2023 | stocknews.comThe Buzz Around This Under $10 Stock of the WeekOctober 12, 2023 | msn.comImmersion (IMMR) Registers a Bigger Fall Than the Market: Important Facts to NoteSee 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. Email Address Company Calendar Ex-Dividend for 10/27 Dividend10/13/2023Dividend Payable10/27/2023Last Earnings11/13/2023Today12/09/2023Fiscal Year End12/31/2023Ex-Dividend for 1/25 Dividend1/11/2024Dividend Payable1/25/2024Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryComputer Storage & Peripherals SectorComputer and Technology Current SymbolNASDAQ:IMMR CUSIP45252110 CIK1058811 Webwww.immersion.com Phone(408) 467-1900Fax408-467-1901Employees19Year Founded1993Price 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 RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.14 Trailing P/E Ratio5.86 Forward P/E Ratio9.03 P/E GrowthN/ANet Income$30.66 million Net Margins115.24% Pretax Margin117.30% Return on Equity19.34% Return on Assets16.14% Debt Debt-to-Equity RatioN/A Current Ratio6.23 Quick Ratio6.23 Sales & Book Value Annual Sales$38.46 million Price / Sales5.53 Cash Flow$0.79 per share Price / Cash Flow8.49 Book Value$4.71 per share Price / Book1.42Miscellaneous Outstanding Shares31,840,000Free Float30,471,000Market Cap$212.69 million OptionableOptionable Beta1.41 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Eric Brandon Singer (Age 50)CEO, President & Chairperson Comp: $1.38MMr. William Charles Martin (Age 45)Chief Strategy Officer & Director Comp: $875kMr. J. Michael Dodson (Age 62)Chief Financial Officer Mr. Leonard Wood (Age 67)Chief Accounting Officer Comp: $309.06kMs. Sophie LavalHead of Human ResourcesKey CompetitorsIdentivNASDAQ:INVERADCOMNASDAQ:RDCMTransAct TechnologiesNASDAQ:TACTEvolv TechnologiesNASDAQ:EVLVAsure SoftwareNASDAQ:ASURView All CompetitorsInsiders & InstitutionsToro 18 Holdings LlcBought 11,281 shares on 12/6/2023Total: $85,735.60 ($7.60/share)Toro 18 Holdings LlcBought 9,579 shares on 12/4/2023Total: $73,375.14 ($7.66/share)American Century Companies Inc.Bought 35,732 shares on 11/30/2023Ownership: 1.300%Toro 18 Holdings LlcBought 42,277 shares on 11/27/2023Total: $317,923.04 ($7.52/share)Toro 18 Holdings LlcBought 9,488 shares on 11/24/2023Total: $70,590.72 ($7.44/share)View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Immersion Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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