NASDAQ:IMMR Immersion (IMMR) Stock Forecast, Price & News $7.83 -0.02 (-0.25%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$7.66▼$7.9550-Day Range$6.59▼$8.9452-Week Range$4.85▼$9.25Volume544,456 shsAverage Volume427,398 shsMarket Capitalization$255.49 millionP/E Ratio7.60Dividend Yield1.53%Price Target$10.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Immersion MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside40.5% Upside$11.00 Price TargetShort InterestHealthy2.23% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 8 Articles This WeekInsider TradingN/AProj. 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.2.56 out of 5 starsComputer And Technology Sector105th out of 597 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 40.5% from its current price of $7.83.Amount of Analyst CoverageImmersion has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.23% 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 decreased by 15.37%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldImmersion pays a meaningful dividend of 1.62%, 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 11.65%. 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 2.5 News and Social Media Coverage News SentimentImmersion has a news sentiment score of 0.56. 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 8 news articles for Immersion this week, compared to 3 articles on an average week.Search Interest8 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 FollowsOnly 3 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Immersion insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.30% 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 7.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Immersion is 7.60, 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 327.24.Price to Book Value per Share RatioImmersion has a P/B Ratio of 1.66. 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 HeadlinesJune 7, 2023 | msn.comImmersion (IMMR) Crossed Above the 50-Day Moving Average: What That Means for InvestorsJune 6, 2023 | msn.comImmersion Corporation: Growth Stock With Stagnating RevenueJune 8, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!June 2, 2023 | msn.comImmersion Corporation Is Still A Cheap Small-Cap BuyJune 2, 2023 | finance.yahoo.comImmersion (IMMR) Just Overtook the 20-Day Moving AverageMay 27, 2023 | fool.comImmersion (NASDAQ: IMMR)May 25, 2023 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Immersion (IMMR) StockMay 25, 2023 | finance.yahoo.comBullish Immersion Insiders Loaded Up On US$2.6m Of StockJune 8, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 25, 2023 | finance.yahoo.comBullish Immersion Insiders Loaded Up On US$2.6m Of Stock \May 16, 2023 | finance.yahoo.comImmersion Files Complaint Against Valve in U.S. District Court for the Western District of WashingtonMay 12, 2023 | americanbankingnews.comImmersion Co. (IMMR) To Go Ex-Dividend on July 12thMay 12, 2023 | marketwatch.com8-K: IMMERSION CORPMay 11, 2023 | msn.comImmersion (IMMR) Declares $0.03 DividendMay 11, 2023 | marketwatch.com2030, Commercial Immersion Blenders Market: Trend & OutlookMay 11, 2023 | finance.yahoo.comImmersion First Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagMay 10, 2023 | marketwatch.comImmersion Liquid Cooling Technology Market Forthcoming Trends and Share Analysis by 2031May 10, 2023 | msn.comImmersion (IMMR) Q1 Earnings Top EstimatesMay 10, 2023 | finance.yahoo.comImmersion Corporation Reports First Quarter 2023 ResultsApril 20, 2023 | americanbankingnews.comShort Interest in Immersion Co. (NASDAQ:IMMR) Grows By 11.4%April 13, 2023 | msn.comTurtle Beach says holder Immersion rejected its recent offer for board seats (update)April 11, 2023 | americanbankingnews.comImmersion Co. to Issue Quarterly Dividend of $0.03 (NASDAQ:IMMR)April 9, 2023 | americanbankingnews.comImmersion (NASDAQ:IMMR) Stock Passes Above 200-Day Moving Average of $6.96April 6, 2023 | finance.yahoo.comImmersion Signs License Agreement with Motrex for Automotive InterfacesApril 3, 2023 | finance.yahoo.comInvesting in Immersion (NASDAQ:IMMR) a year ago would have delivered you a 67% gainMarch 20, 2023 | finance.yahoo.comImmersion's (NASDAQ:IMMR) Returns On Capital Are Heading HigherMarch 6, 2023 | finance.yahoo.comImmersion Files Patent Infringement Lawsuits Against Xiaomi in Germany, France and IndiaSee More Headlines IMMR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMMR Company Calendar Last Earnings11/03/2021Ex-Dividend for 4/28 Dividend4/12/2023Dividend Payable4/28/2023Today6/07/2023Ex-Dividend for 7/28 Dividend7/12/2023Dividend Payable7/28/2023Next Earnings (Estimated)8/21/2023Fiscal 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$11.00 High Stock Price Forecast$11.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+34.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.03 Trailing P/E Ratio7.60 Forward P/E Ratio9.10 P/E GrowthN/ANet Income$30.66 million Net Margins88.59% Pretax Margin81.39% Return on Equity19.33% Return on Assets16.00% Debt Debt-to-Equity RatioN/A Current Ratio8.11 Quick Ratio8.11 Sales & Book Value Annual Sales$38.46 million Price / Sales6.64 Cash Flow$0.82 per share Price / Cash Flow9.51 Book Value$4.71 per share Price / Book1.66Miscellaneous Outstanding Shares32,630,000Free Float31,231,000Market Cap$255.49 million OptionableOptionable Beta1.43 Social Links Key ExecutivesEric Brandon SingerExecutive Chairman, President & CEOAaron AkermanChief Financial Officer & TreasurerWilliam Charles MartinDirector & Chief Strategy OfficerKey CompetitorsIdentivNASDAQ:INVERADCOMNASDAQ:RDCMTransAct TechnologiesNASDAQ:TACTMitek SystemsNASDAQ:MITKOptimizeRxNASDAQ:OPRXView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 217,360 shares on 5/18/2023Ownership: 0.670%State Street CorpBought 15,956 shares on 5/16/2023Ownership: 0.919%First Trust Advisors LPBought 3,597 shares on 5/16/2023Ownership: 0.266%Graham Capital Management L.P.Bought 11,585 shares on 5/16/2023Ownership: 0.036%Balyasny Asset Management L.P.Sold 9,300 shares on 5/16/2023Ownership: 0.035%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 twelve months. 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 equities research analysts have issued twelve-month price objectives for Immersion's stock. Their IMMR share price forecasts range from $11.00 to $11.00. On average, they anticipate the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 40.5% 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 increased by 11.4% and is now trading at $7.83. View the best growth stocks for 2023 here. Are investors shorting Immersion? Immersion saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 680,600 shares, a decrease of 15.4% from the April 30th total of 804,200 shares. Based on an average daily trading volume, of 445,800 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.2% of the shares of the stock 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 Monday, August 21st 2023. View our IMMR earnings forecast. How were Immersion's earnings last quarter? Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings results on Wednesday, November, 3rd. The software maker reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.01. The software maker earned $7.17 million during the quarter. Immersion had a trailing twelve-month return on equity of 19.33% and a net margin of 88.59%. How often does Immersion pay dividends? What is the dividend yield for Immersion? Immersion declared a quarterly dividend on Wednesday, May 10th. Stockholders of record on Thursday, July 13th will be given a dividend of $0.03 per share on Friday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Wednesday, July 12th. 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), Roundhill Acquirers Deep Value ETF (DEEP), Invesco Nasdaq Future Gen 200 ETF (QQQS), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust Dow Jones Select Microcap Index Fund (FDM), Royce Quant Small-Cap Quality Value ETF (SQLV), 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 1.62%. The dividend payout ratio is 11.65%. 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 variety of institutional and retail investors. Top institutional shareholders include HAP Trading LLC (0.00%), Royce & Associates LP (3.08%), Portolan Capital Management LLC (2.96%), Dimensional Fund Advisors LP (2.55%), Acadian Asset Management LLC (2.19%) and BlackRock Inc. (1.85%). 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 $7.83. How much money does Immersion make? Immersion (NASDAQ:IMMR) has a market capitalization of $255.49 million and generates $38.46 million in revenue each year. The software maker earns $30.66 million in net income (profit) each year or $1.03 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 6/8/2023 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. 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