Immersion - IMMR Stock Forecast, Price & News

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.
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1 analysts have issued twelve-month target prices for Immersion's stock. Their IMMR share price forecasts range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price.
View analysts price targets for IMMR or view top-rated stocks among Wall Street analysts.

Immersion's stock was trading at $7.03 at the beginning of the year. Since then, IMMR shares have increased by 3.4% and is now trading at $7.27.
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Immersion saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 572,800 shares, an increase of 31.1% from the December 31st total of 436,900 shares. Based on an average daily trading volume, of 370,200 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.9% of the shares of the company are short sold.
View Immersion's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our IMMR earnings forecast.

Immersion Co. (NASDAQ:IMMR) posted its quarterly earnings results on Monday, November, 14th. The software maker reported $0.26 earnings per share for the quarter. The software maker had revenue of $14.01 million for the quarter. Immersion had a net margin of 31.50% and a trailing twelve-month return on equity of 12.79%.

Immersion declared a quarterly dividend on Tuesday, January 3rd. Investors of record on Sunday, January 15th will be paid a dividend of $0.03 per share on Monday, January 30th. This represents a $0.12 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, January 12th.
Read our dividend analysis for IMMR.

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.65%. The dividend payout ratio is 32.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.

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.

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).

Immersion trades on the NASDAQ under the ticker symbol "IMMR."

Immersion's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Ritholtz Wealth Management (0.07%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Aaron Akerman, Eric Singer, Francis Jose, Jared Smith, Michael Rudolf Okada, Opportunities Fund Lp Se Viex, Ramzi Haidamus and William C Martin.
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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.
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One share of IMMR stock can currently be purchased for approximately $7.27.

Immersion (NASDAQ:IMMR) has a market capitalization of $243.62 million and generates $35.09 million in revenue each year. The software maker earns $12.48 million in net income (profit) each year or $0.37 on an earnings per share basis.

Immersion's mailing address is 50 RIO ROBLES, SAN JOSE CA, 95134. The official website for the company is www.immersion.com. The software maker can be reached via phone at (408) 467-1900, via email at aakerman@immersion.com, or via fax at 408-467-1901.