Immersion (IMMR)
Market Price (3/30/2026): $5.57 | Market Cap: $181.7 MilSector: Industrials | Industry: Electrical Components & Equipment
Immersion (IMMR)
Market Price (3/30/2026): $5.57Market Cap: $181.7 MilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 25%, Dividend Yield is 5.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 21% | Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -85% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 102% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 920% | Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.43, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% | Key risksIMMR key risks include [1] a potential Nasdaq delisting due to critical financial reporting failures and internal control weaknesses, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33% | ||
| Low stock price volatilityVol 12M is 39% | ||
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Digital Content & Streaming, and Electric Vehicles & Autonomous Driving. Themes include Haptic User Experience, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 25%, Dividend Yield is 5.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 21% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 920% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -33% |
| Low stock price volatilityVol 12M is 39% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization, Digital Content & Streaming, and Electric Vehicles & Autonomous Driving. Themes include Haptic User Experience, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -85% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.43, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 102% |
| Key risksIMMR key risks include [1] a potential Nasdaq delisting due to critical financial reporting failures and internal control weaknesses, Show more. |
Qualitative Assessment
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Immersion (IMMR) stock has lost about 20% since 11/30/2025 because of the following key factors:
1. Significant Deterioration in Profitability and Margin Collapse. Immersion reported a net loss of $13.72 million in Q1 2026, a sharp decline from a $12.20 million profit in Q1 2025. This translates to a loss of $0.03 per share, a dramatic shift from a $0.85 per share profit in the prior-year quarter, marking a 103.5% negative change in EPS performance. Furthermore, the company's trailing net profit margin for FY 2025 (reported March 12, 2026) collapsed to 4.1% from 38.8% a year earlier, indicating significantly reduced profitability on each dollar of sales.
2. Nasdaq Delisting Risk Due to Repeated Delayed Financial Filings. Immersion has received multiple delinquency notices from Nasdaq, including an additional notice on March 24, 2026, for failing to file its Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2025, October 31, 2025, and January 31, 2026. While the company filed its Annual Report on Form 10-K for the fiscal year ended April 30, 2025, and the 10-Q for July 31, 2025, the other two 10-Q reports remain outstanding, creating a formal basis for potential delisting and generating significant investor uncertainty.
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1. Significant Deterioration in Profitability and Margin Collapse. Immersion reported a net loss of $13.72 million in Q1 2026, a sharp decline from a $12.20 million profit in Q1 2025. This translates to a loss of $0.03 per share, a dramatic shift from a $0.85 per share profit in the prior-year quarter, marking a 103.5% negative change in EPS performance. Furthermore, the company's trailing net profit margin for FY 2025 (reported March 12, 2026) collapsed to 4.1% from 38.8% a year earlier, indicating significantly reduced profitability on each dollar of sales.
2. Nasdaq Delisting Risk Due to Repeated Delayed Financial Filings. Immersion has received multiple delinquency notices from Nasdaq, including an additional notice on March 24, 2026, for failing to file its Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2025, October 31, 2025, and January 31, 2026. While the company filed its Annual Report on Form 10-K for the fiscal year ended April 30, 2025, and the 10-Q for July 31, 2025, the other two 10-Q reports remain outstanding, creating a formal basis for potential delisting and generating significant investor uncertainty.
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Stock Movement Drivers
Fundamental Drivers
The -21.0% change in IMMR stock from 11/30/2025 to 3/29/2026 was primarily driven by a -70.3% change in the company's Net Income Margin (%).| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.03 | 5.55 | -21.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,234 | 1,664 | 34.8% |
| Net Income Margin (%) | 7.3% | 2.2% | -70.3% |
| P/E Multiple | 2.5 | 5.0 | 98.8% |
| Shares Outstanding (Mil) | 32 | 33 | -1.0% |
| Cumulative Contribution | -21.0% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMMR | -21.0% | |
| Market (SPY) | -5.3% | 54.7% |
| Sector (XLI) | 3.9% | 38.1% |
Fundamental Drivers
The -20.0% change in IMMR stock from 8/31/2025 to 3/29/2026 was primarily driven by a -70.3% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.93 | 5.55 | -20.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,234 | 1,664 | 34.8% |
| Net Income Margin (%) | 7.3% | 2.2% | -70.3% |
| P/E Multiple | 2.5 | 5.0 | 101.5% |
| Shares Outstanding (Mil) | 32 | 33 | -1.0% |
| Cumulative Contribution | -20.0% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMMR | -20.0% | |
| Market (SPY) | 0.6% | 50.7% |
| Sector (XLI) | 5.5% | 45.8% |
Fundamental Drivers
The -28.8% change in IMMR stock from 2/28/2025 to 3/29/2026 was primarily driven by a -81.6% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.80 | 5.55 | -28.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 770 | 1,664 | 116.2% |
| Net Income Margin (%) | 11.8% | 2.2% | -81.6% |
| P/E Multiple | 2.8 | 5.0 | 80.6% |
| Shares Outstanding (Mil) | 32 | 33 | -1.2% |
| Cumulative Contribution | -28.8% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMMR | -28.8% | |
| Market (SPY) | 9.8% | 53.7% |
| Sector (XLI) | 18.4% | 53.0% |
Fundamental Drivers
The -20.3% change in IMMR stock from 2/28/2023 to 3/29/2026 was primarily driven by a -97.3% change in the company's Net Income Margin (%).| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.96 | 5.55 | -20.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 38 | 1,664 | 4227.5% |
| Net Income Margin (%) | 79.7% | 2.2% | -97.3% |
| P/E Multiple | 7.3 | 5.0 | -31.9% |
| Shares Outstanding (Mil) | 32 | 33 | -0.9% |
| Cumulative Contribution | -20.3% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| IMMR | -20.3% | |
| Market (SPY) | 69.4% | 43.3% |
| Sector (XLI) | 65.1% | 41.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IMMR Return | -49% | 23% | 3% | 26% | -18% | -12% | -41% |
| Peers Return | 73% | -24% | 21% | -12% | 2% | 10% | 56% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| IMMR Win Rate | 25% | 50% | 58% | 33% | 42% | 0% | |
| Peers Win Rate | 65% | 35% | 58% | 35% | 48% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| IMMR Max Drawdown | -54% | -23% | -10% | -6% | -32% | -13% | |
| Peers Max Drawdown | -3% | -38% | -10% | -24% | -35% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SYNA, CRUS, TXN, MCHP, ON.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | IMMR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -72.3% | -25.4% |
| % Gain to Breakeven | 260.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -45.4% | -33.9% |
| % Gain to Breakeven | 83.1% | 51.3% |
| Time to Breakeven | 151 days | 148 days |
| 2018 Correction | ||
| % Loss | -62.1% | -19.8% |
| % Gain to Breakeven | 163.8% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -88.6% | -56.8% |
| % Gain to Breakeven | 779.8% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to SYNA, CRUS, TXN, MCHP, ON
In The Past
Immersion's stock fell -72.3% during the 2022 Inflation Shock from a high on 2/9/2021. A -72.3% loss requires a 260.8% gain to breakeven.
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About Immersion (IMMR)
Immersion Corporation, together with its subsidiaries, invents, scales, and licenses 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 also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.
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Here are a few brief analogies for Immersion (IMMR):
Dolby for the sense of touch.
Arm Holdings for haptic technology.
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- Licensing Haptic Technologies: Immersion licenses its haptic technology and patents to enable touch-based experiences in various digital products.
- Software Development Kits (SDKs): SDKs provide tools, integration software, and effect libraries for designing, encoding, and playing tactile effects in content.
- Reference Designs and Technology: The company offers pre-designed solutions and foundational technology to aid in product development.
- Engineering and Integration Services: Immersion provides expert services to help integrate their haptic technologies into customer products.
- Software and Firmware Services: The company offers specialized services related to developing and optimizing software and firmware for haptic applications.
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Immersion Corporation primarily sells its haptic technologies and licenses to other companies that integrate these solutions into their products. Its major customers are typically large manufacturers and technology companies across various sectors.The major customer companies include:
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Here is the management team of Immersion Corporation (IMMR):Eric Singer
Chief Executive Officer, President & Chairperson Eric Singer was appointed CEO of Immersion Corporation in January 2023. He previously served as a member of Immersion's Board of Directors since March 2020 and as Executive Chairman from August 2020 to January 2023. Mr. Singer founded and was the Managing Member of VIEX Capital Advisors, a securities investment firm, from 2014 to 2022, which is described as an activist firm. He has extensive experience serving on numerous public company boards, including Quantum Corporation, Numerex Corp., RhythmOne plc, YuMe Inc., Support.com Inc., Meru Networks Inc., PLX Technology Inc., Sigma Designs Inc., A10 Networks Inc., Velodyne Lidar, and Universal Electronics Inc. His strategy involves focusing on small companies, driving change, and maximizing shareholder value through operational improvements and strategic mergers and acquisitions.James Dodson
CFO & Treasurer James Dodson, also known as J. Michael Dodson, was appointed CFO & Treasurer of Immersion Corporation in June 2023. He brings over 40 years of financial and full P&L experience to the role. Mr. Dodson has served as CFO for five public global technology companies, including Mattson Technology, DDi, and ESI. He also held the positions of CFO and interim CEO at Quantum Corp. Mr. Dodson is recognized as a problem-solver, with experience navigating complex financial situations such as SEC investigations and financial restatements. He began his career at Ernst and Young and has held various financial management positions in private and publicly traded environments with companies like Stryker Energy LLC, GE Company, and Omnova Solutions. He was also previously the Senior Vice President, CFO of Quantum Corp and an Officer of Mattson Technology Inc.William Martin
Chief Strategy Officer & Director William Martin serves as Immersion's Chief Strategy Officer and a Director. He has a background as a successful entrepreneur and investor, particularly in financial technology and software businesses. Mr. Martin co-founded several successful financial technology companies, including Raging Bull, where he was the original CEO, and InsiderScore, an institutional analytics business. He also co-founded and serves as a Senior Advisor to Princeton Equity Group (formerly Princeton Ventures), a firm that provides growth equity to private companies. Mr. Martin has been involved in selling companies, including Raging Bull. He may be deemed to be the beneficial owner of approximately 15.2% of Immersion's common stock and has served on a strategy committee for Immersion.Leonard Wood
Chief Accounting Officer Leonard Wood is the Chief Accounting Officer at Immersion Corporation.Sophie Laval
Head of Human Resources Sophie Laval holds the position of Head of Human Resources at Immersion Corporation.AI Analysis | Feedback
The key risks to Immersion Corporation (IMMR) are primarily centered around its intellectual property-based business model, financial reporting, and the competitive landscape of haptic technology:
- Reliance on Patent Litigation and Licensing Revenue Volatility: Immersion Corporation's business model is heavily dependent on licensing its extensive haptic technology patent portfolio and enforcing these patents through litigation. The company's revenue streams can be inconsistent and "lumpy," with significant fluctuations tied to the timing and outcomes of large licensing deals and patent infringement lawsuits. For instance, a substantial portion of historical revenue has come from one-time settlement payments resulting from successful litigation, such as the agreement with Meta Platforms. While favorable outcomes can provide substantial revenue boosts, ongoing legal battles, like those against Valve Corporation and Xiaomi, are costly and their uncertain results can significantly impact the company's future and dissuade potential licensees.
- Nasdaq Compliance Challenges Due to Delayed Financial Filings: Immersion has faced multiple compliance challenges with Nasdaq due to delays in filing its quarterly and annual financial reports. These delays stem from ongoing audit committee investigations at both Immersion and its consolidated subsidiary, Barnes & Noble Education (BNED), which have necessitated the restatement of previously issued financial information. These repeated delinquency notices from Nasdaq highlight potential operational and financial challenges and carry the risk of delisting if the company fails to resolve its compliance issues.
- Intense Competition and Potential for Technological Obsolescence: Despite holding a significant patent portfolio in haptic technology, Immersion operates in a rapidly evolving and competitive sector. The company faces competition not only from direct rivals like Ultraleap, which specializes in emerging areas like touchless haptics, but also from the internal research and development departments of major technology giants such as Apple, Google, and Meta, who possess substantial resources to develop their own haptic solutions. Immersion's ability to maintain its market position and secure new licensing agreements depends on its continuous innovation and its capacity to effectively defend its intellectual property against evolving technologies and competitive pressures.
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Immersion Corporation (IMMR) operates in the haptic technology market, licensing its technologies across various sectors globally. The addressable markets for its main products and services are substantial and are projected to grow significantly in the coming years.
- Global Haptic Technology Market: The overall global haptic technology market size was valued at approximately USD 12.28 billion in 2024. This market is projected to grow to USD 27.96 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. Another estimate placed the market at USD 4.62 billion in 2025, expanding to USD 8.5 billion by 2030 at a CAGR of 12.92%. The global haptic devices market, a related segment, was estimated at USD 4.78 billion in 2023 and is projected to reach USD 13.74 billion by 2030, with a CAGR of 16.3% from 2024 to 2030.
- Consumer Electronics (Mobile & Wearables): This segment is a major application area for haptic technology. In 2024, consumer electronics captured 57.7% of the haptic technology market share. The broader consumer electronics haptics market is forecast to reach USD 1.8 billion in smartphones and USD 1.2 billion in wearables by 2025. Immersion generates 41% of its revenue from mobile communications, wearables, and consumer electronics.
- Gaming & Virtual Reality (VR): The gaming sector is anticipated to hold the highest share in the haptic technology application segment. The market for haptics in VR/AR technology is projected to reach USD 12.9 billion by 2025. Gaming and XR (Extended Reality) devices are expected to grow at an 18.5% CAGR through 2030. North America is a leading region for haptic devices in gaming and entertainment, driven by the demand for immersive gaming experiences in consoles and VR headsets.
- Automotive: The automotive haptics market is projected to grow significantly, with one forecast indicating it will reach nearly USD 2.5 billion by 2035, up from USD 300 million in 2024. The global automotive haptic feedback system market size was valued at USD 2.96 billion in 2024 and is estimated to reach around USD 6.91 billion by 2034, growing at a 9.1% CAGR. Immersion Corporation currently leads the industry in automotive haptics, holding approximately 24% of the global market share in 2024. The U.S. market, specifically, is characterized by strong adoption in the automotive sector.
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Immersion Corporation (IMMR) is expected to drive future revenue growth over the next 2-3 years through several key areas:
- Expanding Adoption of Haptic Technology Across Key Markets: Immersion anticipates continued revenue growth from the increasing integration of its haptic feedback technology in mobile communications, wearables, consumer electronics, gaming, virtual reality (VR), and augmented reality (AR) markets. The broader haptic technology market is projected to grow significantly, with various reports forecasting a compound annual growth rate (CAGR) between 8.76% and 12.92% through 2030 and beyond, driven by demand for immersive user experiences.
- New and Renewed Licensing Agreements: The company's core business revolves around licensing its extensive intellectual property portfolio, which includes over 1,200 patents worldwide. Securing new licensing agreements with Original Equipment Manufacturers (OEMs) and renewing existing ones across its target markets (mobile, automotive, gaming, VR) is a consistent driver of revenue. Recent examples include agreements with Nintendo and Meta in 2024 for their hardware and software offerings.
- Growth in the Automotive Sector: The automotive market represents a significant growth opportunity for Immersion, with haptics increasingly being adopted in car infotainment systems, new seating developments, and for enhancing intuitive touch-based interactions. Immersion has previously partnered with automotive component manufacturers to develop haptic solutions for this sector.
- Growth of the Barnes & Noble Education (BNED) Segment: Following its acquisition of a controlling interest in Barnes & Noble Education (BNED) in June 2024, Immersion has seen significant revenue contributions from this segment. Future revenue growth is expected from the continued expansion of BNED's "First Day Complete" program and further development of its digital and affordable access offerings.
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Immersion Corporation (IMMR) has made several capital allocation decisions over the last 3-5 years, focusing primarily on returning value to shareholders through share repurchases. The company also made a significant outbound investment.
Share Repurchases
- Immersion's Board of Directors approved a new stock repurchase program of up to $50 million in 2023.
- As of August 2023, the share repurchase program, which was originally approved in December 2022, had $46.8 million available for future repurchases and was extended to expire on December 29, 2024.
- The company repurchased 2,542,065 shares, representing almost 7.5% of its outstanding shares, in 2022.
Outbound Investments
- Immersion acquired a controlling interest in Barnes & Noble Education, Inc. (BNED) on June 10, 2024, and consolidates BNED into its financial statements.
Capital Expenditures
- Immersion Corporation reported capital expenditures of approximately -$928,000 in the last 12 months.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Immersion Earnings Notes | 12/16/2025 | |
| Is Immersion Stock Built to Withstand a Pullback? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
| 02132026 | ADP | Automatic Data Processing | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.1% | 1.1% | -3.0% |
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 65.35 |
| Mkt Cap | 15.4 |
| Rev LTM | 3,173 |
| Op Inc LTM | 367 |
| FCF LTM | 820 |
| FCF 3Y Avg | 1,023 |
| CFO LTM | 911 |
| CFO 3Y Avg | 1,735 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 10.0% |
| Rev Chg 3Y Avg | -6.6% |
| Rev Chg Q | 11.8% |
| QoQ Delta Rev Chg LTM | 2.8% |
| Op Mgn LTM | 9.4% |
| Op Mgn 3Y Avg | 22.1% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 29.4% |
| CFO/Rev 3Y Avg | 26.7% |
| FCF/Rev LTM | 18.8% |
| FCF/Rev 3Y Avg | 15.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 15.4 |
| P/S | 3.8 |
| P/EBIT | 21.3 |
| P/E | 11.6 |
| P/CFO | 14.0 |
| Total Yield | 3.8% |
| Dividend Yield | 1.1% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -11.2% |
| 3M Rtn | 1.1% |
| 6M Rtn | 1.7% |
| 12M Rtn | 21.2% |
| 3Y Rtn | -23.0% |
| 1M Excs Rtn | -5.3% |
| 3M Excs Rtn | 8.8% |
| 6M Excs Rtn | 6.2% |
| 12M Excs Rtn | 3.1% |
| 3Y Excs Rtn | -81.9% |
Price Behavior
Price Behavior
| Market Price | $5.55 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 11/12/1999 | |
| Distance from 52W High | -29.7% | |
| 50 Days | 200 Days | |
| DMA Price | $6.31 | $6.78 |
| DMA Trend | down | down |
| Distance from DMA | -12.0% | -18.1% |
| 3M | 1YR | |
| Volatility | 36.7% | 39.2% |
| Downside Capture | 1.14 | 1.11 |
| Upside Capture | 130.43 | 99.19 |
| Correlation (SPY) | 56.5% | 51.9% |
IMMR Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.50 | 0.95 | 1.20 | 1.60 | 1.04 | 1.11 |
| Up Beta | 2.29 | 2.14 | 1.46 | 2.37 | 0.99 | 1.01 |
| Down Beta | 2.22 | 0.50 | 0.74 | 1.02 | 0.91 | 1.11 |
| Up Capture | 62% | 40% | 87% | 136% | 90% | 101% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 20 | 28 | 54 | 119 | 367 |
| Down Capture | 152% | 123% | 172% | 171% | 123% | 107% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 11 | 21 | 32 | 66 | 127 | 368 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMMR | |
|---|---|---|---|---|
| IMMR | -27.8% | 39.2% | -0.74 | - |
| Sector ETF (XLI) | 20.5% | 19.2% | 0.84 | 51.7% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 51.9% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 5.5% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 14.7% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 35.5% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 32.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMMR | |
|---|---|---|---|---|
| IMMR | -10.3% | 45.8% | -0.09 | - |
| Sector ETF (XLI) | 12.3% | 17.2% | 0.56 | 34.7% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 39.4% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 6.9% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 10.0% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 26.4% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 24.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IMMR | |
|---|---|---|---|---|
| IMMR | -2.9% | 51.2% | 0.14 | - |
| Sector ETF (XLI) | 13.0% | 19.8% | 0.58 | 31.2% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 36.1% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 4.1% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 12.6% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 22.6% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 13.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/12/2025 | 0.6% | -2.3% | -7.4% |
| 12/16/2024 | 6.3% | -0.7% | -3.9% |
| 8/20/2024 | -0.3% | -10.9% | -10.5% |
| 3/7/2024 | 7.5% | 25.3% | 10.8% |
| 11/13/2023 | -2.4% | 3.7% | 6.7% |
| 8/11/2023 | 2.7% | 5.2% | 0.6% |
| 5/10/2023 | -2.9% | -1.8% | 9.7% |
| 2/22/2023 | 5.2% | 13.8% | 18.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 9 |
| # Negative | 9 | 9 | 9 |
| Median Positive | 5.4% | 11.0% | 10.1% |
| Median Negative | -6.0% | -7.6% | -7.4% |
| Max Positive | 23.6% | 29.5% | 48.1% |
| Max Negative | -24.2% | -38.4% | -40.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 07/31/2025 | 03/26/2026 | 10-Q |
| 04/30/2025 | 03/12/2026 | 10-K |
| 01/31/2025 | 03/12/2025 | 10-Q |
| 10/31/2024 | 12/16/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 04/30/2024 | 11/08/2024 | 10-QT |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/11/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/13/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Dodson, J Michael | Chief Financial Officer | Direct | Sell | 6162025 | 7.53 | 5,921 | 44,585 | 294,664 | Form |
| 2 | Martin, William C | Chief Strategy Officer | Direct | Buy | 3242025 | 7.55 | 27,150 | 204,982 | 10,952,732 | Form |
| 3 | Singer, Eric | President and CEO | Direct | Buy | 3212025 | 7.51 | 42,638 | 320,211 | 16,235,614 | Form |
| 4 | Singer, Eric | President and CEO | Direct | Buy | 3212025 | 7.47 | 5,000 | 37,350 | 16,186,489 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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