NASDAQ:IMMR Immersion (IMMR) Stock Price, News & Analysis → BREAKING – Pentagon to Spend $20 Billion on “Distributed AI” (From Behind the Markets) (Ad) Free IMMR Stock Alerts $8.08 +0.57 (+7.59%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$7.51▼$8.2250-Day Range$6.58▼$8.3752-Week Range$5.94▼$8.62Volume1.12 million shsAverage Volume496,595 shsMarket Capitalization$256.14 millionP/E Ratio7.84Dividend Yield2.23%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Immersion alerts: Email Address Immersion MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.1% Upside$11.00 Price TargetShort InterestHealthy4.53% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.42Based on 5 Articles This WeekInsider TradingSelling Shares$106,860 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.40 out of 5 starsComputer And Technology Sector251st out of 593 stocksComputer Peripheral Equipment, Not Elsewhere Classified Industry6th out of 14 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.Amount of Analyst CoverageImmersion has only been the subject of 1 research reports in the past 90 days.Read more about Immersion's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.53% of the float of Immersion has been sold short.Short Interest Ratio / Days to CoverImmersion has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Immersion has recently increased by 16.96%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldImmersion pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthImmersion has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Immersion is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Immersion's dividend. 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 0.42. 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 5 news articles for Immersion this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for IMMR on MarketBeat in the last 30 days. This is a decrease of -84% 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 -79% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Immersion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $106,860.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Immersion is held by insiders.Percentage Held by Institutions60.57% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Immersion's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Immersion is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Immersion is 7.84, 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 267.96.Price to Book Value per Share RatioImmersion has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Immersion's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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.Read More IMMR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMMR Stock News HeadlinesMay 9, 2024 | msn.comRoss County 4-H member CJ Jones returns from Greek Immersion TripMay 9, 2024 | investorplace.comIMMR Stock Earnings: Immersion Beats EPS, Beats Revenue for Q1 2024May 10, 2024 | InvestorPlace (Ad)You need to know these two things about AI stocks ASAP…For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.May 8, 2024 | finance.yahoo.comImmersion Corporation Reports First Quarter 2024 ResultsMay 3, 2024 | finanznachrichten.deImmersion Cooling Fluids Market Size to Grow USD 3277 Million by 2030 at a CAGR of 8.3% | Valuates ReportsMay 3, 2024 | msn.comStudent entrepreneurs participate in Boston Immersion programme at Northeastern University, USApril 30, 2024 | americanbankingnews.comImmersion (NASDAQ:IMMR) Shares Cross Above 200 Day Moving Average of $6.95April 29, 2024 | msn.comFairfield County 4-H member Sophia Preston participates in Greece Immersion TripMay 10, 2024 | InvestorPlace (Ad)You need to know these two things about AI stocks ASAP…For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.April 22, 2024 | finance.yahoo.comBitMine Immersion Technologies, Inc. to Present at the Blockchain & Digital Asset Virtual Investor Conference April 25thApril 18, 2024 | markets.businessinsider.comBuy Rating Affirmed for Immersion (IMMR) on Strong Financials and Strategic Investments in Haptics and Education SectorsApril 16, 2024 | finanznachrichten.deBitMine Immersion Technologies Inc.: BitMine Immersion Technologies, Inc. Chairman and CEO Issues Open Letter to ShareholdersApril 16, 2024 | businesswire.comBarnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and StudentsApril 11, 2024 | msn.comPolice search Milwaukee French Immersion School after multiple threatsApril 11, 2024 | seekingalpha.comImmersion Corporation: Undervalued On Paper, Despite Lack Of GrowthApril 10, 2024 | msn.comPolice search Milwaukee French Immersion School after third bomb threat in a weekMarch 29, 2024 | msn.comGlan Usk school in Newport hold Ramadan Immersion DayMarch 26, 2024 | finance.yahoo.comZacks Investment Ideas feature highlights: IMMERSION, DHI Group and QuickLogicMarch 23, 2024 | msn.comImmersion declares $0.045 dividendMarch 22, 2024 | markets.businessinsider.com3 Undervalued Stocks That Could 10X in 5 YearsMarch 21, 2024 | msn.comBlumhouse Inks Deal With ‘Shark Tank’ Contestant American Immersion TheaterMarch 15, 2024 | finance.yahoo.comImmersion Corp (IMMR) Director Elias Nader Sells 13,000 SharesMarch 11, 2024 | finance.yahoo.comImmersion Corp (IMMR) Reports Solid FY2023 Earnings with Increased Net IncomeMarch 9, 2024 | finance.yahoo.comImmersion Full Year 2023 Earnings: Beats ExpectationsMarch 8, 2024 | msn.comIMMR Stock Earnings: Immersion Beats EPS, Beats Revenue for Q4 2023March 7, 2024 | msn.comImmersion (IMMR) Gains But Lags Market: What You Should KnowMarch 7, 2024 | businesswire.comImmersion Corporation Reports Fourth Quarter and Full Year 2023 ResultsSee More Headlines 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 Company Calendar Last Earnings3/07/2024Ex-Dividend for 4/19 Dividend4/11/2024Dividend Payable4/19/2024Today5/10/2024Next Earnings (Estimated)8/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Computer peripheral equipment, not elsewhere classified Sub-IndustryComputer Storage & Peripherals Current SymbolNASDAQ:IMMR CUSIP45252110 CIK1058811 Webwww.immersion.com Phone(408) 467-1900Fax408-467-1901Employees14Year Founded1993Price Target and Rating Average Stock Price Target$11.00 High Stock Price Target$11.00 Low Stock Price Target$11.00 Potential Upside/Downside+36.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.03 Trailing P/E Ratio7.84 Forward P/E Ratio7.09 P/E GrowthN/ANet Income$33.98 million Net Margins100.17% Pretax Margin126.52% Return on Equity19.75% Return on Assets16.57% Debt Debt-to-Equity RatioN/A Current Ratio8.93 Quick Ratio8.93 Sales & Book Value Annual Sales$33.92 million Price / Sales7.55 Cash Flow$1.20 per share Price / Cash Flow6.75 Book Value$5.75 per share Price / Book1.41Miscellaneous Outstanding Shares31,701,000Free Float29,957,000Market Cap$256.14 million OptionableOptionable Beta1.46 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Eric Brandon Singer (Age 51)CEO, President & Chairperson Comp: $3.78MMr. Leonard Wood (Age 68)Chief Accounting Officer Comp: $309.06kMs. Sophie LavalHead of Human ResourcesKey CompetitorsRADCOMNASDAQ:RDCMAstroNovaNASDAQ:ALOTIdentivNASDAQ:INVEKey TronicNASDAQ:KTCCTransAct TechnologiesNASDAQ:TACTView All CompetitorsInsiders & InstitutionsMitsubishi UFJ Asset Management Co. Ltd.Sold 4,876 shares on 5/9/2024Ownership: 0.057%Russell Investments Group Ltd.Bought 4,978 shares on 5/8/2024Ownership: 0.757%ProShare Advisors LLCSold 5,070 shares on 5/8/2024Ownership: 0.098%LSV Asset ManagementSold 6,400 shares on 5/6/2024Ownership: 5.246%Gallacher Capital Management LLCBought 2,460 shares on 5/6/2024Ownership: 0.195%View All Insider TransactionsView All Institutional Transactions IMMR Stock Analysis - Frequently Asked Questions Should I buy or sell Immersion stock right now? 1 Wall Street 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 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 brokers have issued 1 year price objectives for Immersion's stock. Their IMMR share price targets range from $11.00 to $11.00. On average, they predict the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 36.1% 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 shares have increased by 14.4% and is now trading at $8.08. View the best growth stocks for 2024 here. Are investors shorting Immersion? Immersion saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,310,000 shares, an increase of 17.0% from the March 31st total of 1,120,000 shares. Based on an average trading volume of 566,400 shares, the short-interest ratio is currently 2.3 days. Currently, 4.5% 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 Friday, August 9th 2024. View our IMMR earnings forecast. How were Immersion's earnings last quarter? Immersion Co. (NASDAQ:IMMR) released its quarterly earnings data on Thursday, March, 7th. The software maker reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.30. The software maker had revenue of $10.38 million for the quarter, compared to the consensus estimate of $9.25 million. Immersion had a net margin of 100.17% and a trailing twelve-month return on equity of 19.75%. How often does Immersion pay dividends? What is the dividend yield for Immersion? Immersion announced a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, April 12th will be paid a dividend of $0.045 per share on Friday, April 19th. This represents a $0.18 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date 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 2.49%. The company does not yet have a strong track record of dividend growth. 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 a variety of retail and institutional investors. Top institutional shareholders include LSV Asset Management (5.25%), Russell Investments Group Ltd. (0.76%), GSA Capital Partners LLP (0.54%), Greenwood Capital Associates LLC (0.49%), Los Angeles Capital Management LLC (0.26%) and BNP Paribas Financial Markets (0.22%). 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 5/10/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingShocking: One AI startup's revenue could surge 4,735%Manward PressHe Is Giving Away BitcoinCrypto Swap Profits[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsCharles Payne Demystifies OptionsUnstoppable ProsperityBiden Nomination CANCELED?The Freeport SocietyMissed NVDA? Buy this AI stock NOWChaikin Analytics 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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