NASDAQ:IMMR Immersion - IMMR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $7.31 +0.04 (+0.55%) (As of 02/6/2023 01:07 PM ET) Add Compare Share Share Today's Range$7.28▼$7.4450-Day Range$6.90▼$8.2252-Week Range$4.28▼$8.31Volume106,764 shsAverage Volume284,607 shsMarket Capitalization$244.96 millionP/E Ratio19.76Dividend Yield1.65%Price Target$10.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Immersion MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.7% Upside$10.50 Price TargetShort InterestHealthy1.90% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.36Based on 3 Articles This WeekInsider TradingAcquiring Shares$145,800 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.2.45 out of 5 starsComputer And Technology Sector134th out of 611 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry4th out of 12 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.50, Immersion has a forecasted upside of 42.7% from its current price of $7.36.Amount of Analyst CoverageImmersion has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.90% of the float of Immersion has been sold short.Short Interest Ratio / Days to CoverImmersion has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Immersion has recently increased by 31.11%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldImmersion pays a meaningful dividend of 1.65%, 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 32.43%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IMMR. Previous Next 1.9 News and Social Media Coverage News SentimentImmersion has a news sentiment score of 0.36. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Immersion this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for IMMR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows3 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 60.29% more of their company's stock than they have sold. Specifically, they have bought $145,800.00 in company stock and sold $90,961.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Immersion is held by insiders.Percentage Held by Institutions43.38% 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 Price to Earnings Ratio vs. the MarketThe P/E ratio of Immersion is 19.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Immersion is 19.89, 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 341.54.Price to Book Value per Share RatioImmersion has a P/B Ratio of 1.72. 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 (NASDAQ:IMMR) StockImmersion Corp. engages in the creation, design, development and licensing of patented haptic innovations and software. The firm offers touch sense platform and design services. It focuses on the following target application areas: mobile devices, wearable, consumer, mobile entertainment and other content, console gaming, automotive, medical, and commercial. The company was founded in 1993 and is headquartered in Aventura, FL.Read More 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 IMMR Stock News HeadlinesFebruary 6, 2023 | marketwatch.comImmersion Heater Market 2023 by Global Trends, Recent Developments, Opportunities, Business Size, and Regional Segmentations Forecast to 2027February 1, 2023 | marketwatch.comImmersion Objective Lens Market: 2023 Complete Research on Company Profile, Business Opportunities, and Growth Rate By 2028February 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 15, 2023 | seekingalpha.comImmersion: The Haptic Patent Ambulance ChaserJanuary 3, 2023 | finance.yahoo.comImmersion Corporation Announces Management ChangesDecember 28, 2022 | finance.yahoo.comIndividual investors account for 49% of Immersion Corporation's (NASDAQ:IMMR) ownership, while institutions account for 41%December 13, 2022 | finance.yahoo.comImmersion Renews Dongwoon Anatech to Multi-Year LicenseDecember 4, 2022 | finance.yahoo.comEric Singer Is The Executive Chairperson of Immersion Corporation (NASDAQ:IMMR) And They Just Picked Up 3.2% More SharesFebruary 6, 2023 | Investing Trends (Ad)New "Vertical" Technology Solves Solar Power's Major FlawEven conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.November 24, 2022 | finance.yahoo.comImmersion Corporation's (NASDAQ:IMMR) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?November 14, 2022 | finance.yahoo.comImmersion Corporation Reports Third Quarter 2022 ResultsNovember 3, 2022 | finance.yahoo.comImmersion Expands License Agreement with Nippon Seiki for Automotive InterfacesOctober 26, 2022 | benzinga.comGlobal Immersion Cooling Fluids Market Report 2022: Adoption of Immersion Cooling for EV BatteriesOctober 25, 2022 | finance.yahoo.comShareholders in Immersion (NASDAQ:IMMR) are in the red if they invested five years agoOctober 20, 2022 | globenewswire.comBitMine Immersion Technologies, Inc. Announces Entry into Joint Venture, Entry into Line of Credit, Buyout of Hosting Agreement, and Trinidad Operations Update - GlobeNewswireOctober 18, 2022 | finance.yahoo.comThe immersion cooling market is projected to grow from USD 302 million in 2022 to USD 1,710 million by 2030, at a CAGR of 24.2% from 2021 to 2026 - Yahoo FinanceOctober 18, 2022 | businesswire.comLubrizol®, a Leader in Data Center Thermal Management, To Announce Transformational Immersion Cooling Development at 2022 OCP Global Summit - Business WireOctober 18, 2022 | globenewswire.comThe immersion cooling market is projected to grow from USD - GlobeNewswireOctober 17, 2022 | businesswire.comGlobal Immersion Cooling Fluids Market Report 2022: Rising Demand for Energy-Efficient and Eco-Friendly Cooling Solutions to Drive Growth - ResearchAndMarkets.com - Business WireOctober 14, 2022 | businesswire.comGRC to Discuss Environmental Benefits of Single-Phase Immersion Cooling at Capacity Europe 2022 in London - Business WireOctober 13, 2022 | seekingalpha.comImmersion Corporation: Litigant Play Against Meta Platforms (NASDAQ:IMMR) - Seeking AlphaOctober 13, 2022 | forbes.comFlorence’s Full Immersion In Contemporary Art With Olafur Eliasson - ForbesOctober 11, 2022 | finance.yahoo.comGlobal Immersion Cooling Fluids Market Report 2022: Increasing Density of Servers Boosting Adoption & Driving Growth - Yahoo FinanceOctober 11, 2022 | globenewswire.comGlobal Immersion Cooling Fluids Market Report 2022: Increasing Density of Servers Boosting Adoption & Driving Growth - GlobeNewswireOctober 10, 2022 | finance.yahoo.comThe Return Trends At Immersion (NASDAQ:IMMR) Look PromisingOctober 8, 2022 | streetinsider.comLubrizol®, the Leader in Immersion Cooling Fluids, to Sponsor and Exhibit at 2022 OCP Global Summit - StreetInsider.comOctober 7, 2022 | businesswire.comLubrizol®, the Leader in Immersion Cooling Fluids, to Sponsor and Exhibit at 2022 OCP Global Summit - Business WireSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 IMMR Company Calendar Last Earnings11/14/2022Ex-Dividend for 1/30 Dividend1/12/2023Dividend Payable1/30/2023Today2/06/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get 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) 467-1900Fax408-467-1901Employees26Year Founded1993Price Target and Rating Average Stock Price Forecast$10.50 High Stock Price Forecast$11.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+43.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.37 Trailing P/E Ratio19.76 Forward P/E RatioN/A P/E GrowthN/ANet Income$12.48 million Net Margins31.50% Pretax Margin44.52% Return on Equity12.79% Return on Assets10.34% Debt Debt-to-Equity RatioN/A Current Ratio10.50 Quick Ratio10.50 Sales & Book Value Annual Sales$35.09 million Price / Sales6.98 Cash Flow$0.58 per share Price / Cash Flow12.63 Book Value$4.28 per share Price / Book1.71Miscellaneous Outstanding Shares33,510,000Free Float32,910,000Market Cap$244.96 million OptionableOptionable Beta1.40 Social Links Key ExecutivesEric Brandon SingerChairman, President & Chief Executive OfficerAaron AkermanChief Financial Officer & TreasurerYeshwant MuthusamyChief Technology OfficerWilliam Charles MartinDirector & Chief Strategy OfficerFrancis M. JoseGeneral CounselKey CompetitorsIdentivNASDAQ:INVERADCOMNASDAQ:RDCMTransAct TechnologiesNASDAQ:TACTMitek SystemsNASDAQ:MITKStratasysNASDAQ:SSYSView All CompetitorsInsiders & InstitutionsSimplex Trading LLCSold 6,300 shares on 2/2/2023Ownership: 0.000%Bank of Montreal CanBought 222,401 shares on 2/1/2023Ownership: 0.664%Sumitomo Mitsui Trust Holdings Inc.Bought 2,668 shares on 1/30/2023Ownership: 0.287%Ritholtz Wealth ManagementBought 23,016 shares on 1/19/2023Ownership: 0.069%Aaron AkermanSold 12,112 sharesTotal: $90,961.12 ($7.51/share)View All Insider TransactionsView All Institutional Transactions IMMR Stock - 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 forecast for 2023? 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. How have IMMR shares performed in 2023? 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. View the best growth stocks for 2023 here. Are investors shorting Immersion? 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. When is Immersion's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our IMMR earnings forecast. How were Immersion's earnings last quarter? 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%. How often does Immersion pay dividends? What is the dividend yield for Immersion? 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. 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 1.65%. The dividend payout ratio is 32.43%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for IMMR. 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). What is Immersion's stock symbol? Immersion trades on the NASDAQ under the ticker symbol "IMMR." Who are Immersion's major shareholders? 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. 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. What is Immersion's stock price today? One share of IMMR stock can currently be purchased for approximately $7.27. How much money does Immersion make? 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. How can I contact Immersion? 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. This page (NASDAQ:IMMR) was last updated on 2/6/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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