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Bank Collapse Causes Gold Prices to Soar (Ad)
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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
Bank Collapse Causes Gold Prices to Soar (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
Bank Collapse Causes Gold Prices to Soar (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
Bank Collapse Causes Gold Prices to Soar (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
Bank Collapse Causes Gold Prices to Soar (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
Bank Collapse Causes Gold Prices to Soar (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
Bank Collapse Causes Gold Prices to Soar (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
Bank Collapse Causes Gold Prices to Soar (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
Bank Collapse Causes Gold Prices to Soar (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
Bank Collapse Causes Gold Prices to Soar (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
NASDAQ:IMMR

Immersion (IMMR) Stock Forecast, Price & News

$7.83
-0.02 (-0.25%)
(As of 06/7/2023 ET)
Compare
Today's Range
$7.66
$7.95
50-Day Range
$6.59
$8.94
52-Week Range
$4.85
$9.25
Volume
544,456 shs
Average Volume
427,398 shs
Market Capitalization
$255.49 million
P/E Ratio
7.60
Dividend Yield
1.53%
Price Target
$10.50

Immersion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.5% Upside
$11.00 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.56mentions of Immersion in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Computer And Technology Sector

105th out of 597 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

2nd out of 13 stocks


IMMR stock logo

About Immersion (NASDAQ:IMMR) Stock

Immersion 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.

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IMMR Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS 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!
Immersion (NASDAQ: IMMR)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS 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!
Immersion Co. (IMMR) To Go Ex-Dividend on July 12th
8-K: IMMERSION CORP
Short Interest in Immersion Co. (NASDAQ:IMMR) Grows By 11.4%
See More Headlines

IMMR Price History

IMMR Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 4/28 Dividend
4/12/2023
Dividend Payable
4/28/2023
Today
6/07/2023
Ex-Dividend for 7/28 Dividend
7/12/2023
Dividend Payable
7/28/2023
Next Earnings (Estimated)
8/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:IMMR
CUSIP
45252110
Employees
26
Year Founded
1993

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.66 million
Pretax Margin
81.39%

Debt

Sales & Book Value

Annual Sales
$38.46 million
Cash Flow
$0.82 per share
Book Value
$4.71 per share

Miscellaneous

Free Float
31,231,000
Market Cap
$255.49 million
Optionable
Optionable
Beta
1.43

Social Links


Key Executives

  • Eric Brandon Singer
    Executive Chairman, President & CEO
  • Aaron AkermanAaron Akerman
    Chief Financial Officer & Treasurer
  • William Charles Martin
    Director & Chief Strategy Officer













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
.

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

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