NASDAQ:IMMR

Immersion (IMMR) Stock Price, News & Analysis

$7.22
-0.01 (-0.14%)
(As of 10:03 AM ET)
Today's Range
$7.20
$7.29
50-Day Range
$6.58
$8.37
52-Week Range
$5.94
$8.62
Volume
37,855 shs
Average Volume
509,060 shs
Market Capitalization
$228.87 million
P/E Ratio
7.01
Dividend Yield
2.49%
Price Target
$11.00

Immersion MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
52.1% Upside
$11.00 Price Target
Short Interest
Healthy
3.88% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Immersion in the last 14 days
Based on 7 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.

3.74 out of 5 stars

Computer And Technology Sector

206th out of 591 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

6th 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)
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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
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Company Calendar

Ex-Dividend for 1/25 Dividend
1/11/2024
Dividend Payable
1/25/2024
Last Earnings
3/07/2024
Ex-Dividend for 4/19 Dividend
4/11/2024
Dividend Payable
4/19/2024
Today
4/23/2024
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
+52.1%
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
$1.08 per share
Book Value
$5.75 per share

Miscellaneous

Free Float
29,957,000
Market Cap
$229.19 million
Optionable
Optionable
Beta
1.49

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IMMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Immersion stock right now?

1 Wall Street equities 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 equities 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 equities research analysts have issued 1-year target prices for Immersion's stock. Their IMMR share price targets range from $11.00 to $11.00. On average, they predict the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 52.1% 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 start of the year. Since then, IMMR stock has increased by 2.4% and is now trading at $7.23.
View the best growth stocks for 2024 here
.

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) released its earnings results on Thursday, March, 7th. The software maker reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.30. The software maker had revenue of $10.38 million for 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 declared a quarterly dividend on Thursday, April 11th. Investors 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 annualized dividend and a dividend yield of 2.49%. 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 many different retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.26%) and Register Financial Advisors LLC (0.08%). 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 4/23/2024 by MarketBeat.com Staff

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