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iMedia Brands, Inc. (IMBI)

NASDAQ: IMBI · IEX Real-Time Price · USD
6.15 0.05 (0.82%)
Oct 21, 2021 10:11 AM EDT - Market open
Market Cap129.83M
Revenue (ttm)460.47M
Net Income (ttm)-14.94M
Shares Out19.10M
EPS (ttm)-1.00
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,643
Open6.08
Previous Close6.10
Day's Range6.08 - 6.19
52-Week Range3.93 - 10.48
Beta1.83
AnalystsStrong Buy
Price Target18.00 (+192.7%)
Est. Earnings DateNov 23, 2021

About IMBI

iMedia Brands, Inc. operates as a multiplatform interactive video and digital commerce company in the United States. It operates through two segments, ShopHQ and Emerging. The company markets, sells, and distributes products to consumers through television, website, mobile, social media, and over-the-top platforms in various merchandise categories, such as jewelry and watches, which include silver, gold, and gemstones to simulated diamonds; home and consumer electronics comprising home décor, cookware, kitchen electrics, tabletop accessories, ...

IndustryInternet & Direct Marketing Retail
Founded1990
CEOTimothy Peterman
Employees645
Stock ExchangeNASDAQ
Ticker SymbolIMBI
Full Company Profile

Financial Performance

In 2020, iMedia Brands's revenue was $454.17 million, a decrease of -9.50% compared to the previous year's $501.82 million. Losses were -$13.23 million, -76.49% less than in 2019.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for iMedia Brands stock is "Strong Buy." The 12-month stock price forecast is 18.00, which is an increase of 192.68% from the latest price.

Price Target
$18.00
(192.68% upside)
Analyst Consensus: Strong Buy

News

iMedia Brands To Raise $75M Via Debt Offering

iMedia Brands Inc (NASDAQ: IMBI) has priced the underwritten public offering of $75.0 million of 8.50% senior notes due 2026. The company has granted the underwriters a 30-day option to purchase up to a...

3 weeks ago - Benzinga

iMedia Brands Announces Pricing of $75.0 Million Senior Notes Offering

MINNEAPOLIS, Sept. 23, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced the pricing of an underwritten public offering of $75.0 million in aggregate principal amount of 8.50% ...

3 weeks ago - GlobeNewsWire

iMedia Brands Seeks To Raise $75M Via Senior Debt To Finance 123tv Acquisition

iMedia Brands Inc (NASDAQ: IMBI) agreed to acquire 123tv for an enterprise value of $95 million, with a $50 million earn-out potential. iMedia plans to close the transaction in Q4 of 2021.

4 weeks ago - Benzinga

iMedia Brands Announces Proposed $75.0 Million Public Offering of Senior Notes

MINNEAPOLIS, Sept. 22, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) (“iMedia Brands” or the “Company”) today announced that it intends to offer and sell $75.0 million aggregate principal ...

4 weeks ago - GlobeNewsWire

iMedia Signs Agreement to Acquire 123tv, the Leading Auction-Driven TV Retailer in Germany

123tv's 2020 Net Sales were $184 Million 123tv's 2020 Net Sales were $184 Million

4 weeks ago - GlobeNewsWire

GreenLake Funds $28,500,000 First Mortgage Loan for iMedia Brands, Inc.

EDEN PRAIRIE, Minn., Aug. 24, 2021 /PRNewswire/ -- Los Angeles based GreenLake Asset Management LLC ("GreenLake") has funded a $28,500,000 first mortgage loan for iMedia Brands, Inc. ("iMedia" or the "C...

1 month ago - PRNewsWire

iMedia Brands Q2 Sales Miss Estimates; Lifts FY21 Sales Outlook

iMedia Brands Inc (NASDAQ: IMBI) reported a second-quarter FY21 sales decline of 8.9% year on year, to $113.4 million, missing the analyst consensus of $120.82 million. Q2 12-month rolling active custom...

1 month ago - Benzinga

iMedia Brands: Q2 Earnings Insights

Shares of iMedia Brands (NASDAQ:IMBI) decreased 0.9% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 272.73% over the past year to ($0.19), wh...

1 month ago - Benzinga

iMedia Brands Reports Second Quarter 2021 Results, Increases 2021 Guidance

MINNEAPOLIS, Aug. 24, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company” or “IMBI”) (NASDAQ: IMBI) today announced results for the second quarter ended July 31, 2021.

1 month ago - GlobeNewsWire

iMedia Brands Sets Second Quarter 2021 Conference Call for Tuesday, August 24, 2021, at 8:30 a.m. ET

MINNEAPOLIS, Aug. 06, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) will hold a conference call on Tuesday, August 24, 2021, at 8:30 a.m. Eastern time to discuss its financ...

2 months ago - GlobeNewsWire

iMedia Announces New Lenders & Expanded $108.5 Million Debt Financing to Accelerate Growth

Siena Lending Provides iMedia $80 Million ABL Facility and

2 months ago - GlobeNewsWire

iMedia Announces Accretive Acquisition of Synacor's Portal & Advertising Business Segment

Accelerating iMedia's Growth in Online and OTT Media Commerce Services Accelerating iMedia's Growth in Online and OTT Media Commerce Services

2 months ago - GlobeNewsWire

iMedia To Launch 24 New Brands In Q2

iMedia Brands Inc (NASDAQ: IMBI) said it would launch 24 new brands in the second quarter of 2021 across its 24/7, national lifestyle television networks, ShopHQ, ShopBulldogTV, and ShopHQHealth.   The ...

3 months ago - Benzinga

iMedia Launches 24 New Brands in Second Quarter and 58 Brands Year-to-Date 2021

Represents Approximately 50% Growth YTD 2021 Compared to Same Prior Year Period Represents Approximately 50% Growth YTD 2021 Compared to Same Prior Year Period

3 months ago - GlobeNewsWire

iMedia Leverages ShopHQ to Accelerate Relaunch of Christopher & Banks

MINNEAPOLIS, June 24, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (“iMedia”) (Nasdaq: IMBI) announces its milestone progress in leveraging ShopHQ to accelerate the relaunch of the iconic 65-year-old Ch...

3 months ago - GlobeNewsWire

iMedia Secures Exclusivity Agreements with Two of its Biggest Vendors

Invicta, Medic Therapeutic and Safety Vital Commit to Five-Year Exclusivity Agreements Invicta, Medic Therapeutic and Safety Vital Commit to Five-Year Exclusivity Agreements

4 months ago - GlobeNewsWire

iMedia Brands Names Montgomery Wageman As Finance Chief

iMedia Brands Inc (NASDAQ: IMBI) had appointed Montgomery "Monty" Wageman as the SVP and CFO effective June 16. Wageman most recently served as the VP, Corporate Controller.

4 months ago - Benzinga

iMedia Brands Appoints Monty Wageman as Chief Financial Officer

MINNEAPOLIS, June 17, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (“iMedia” or the “Company”) (Nasdaq: IMBI) today announced the appointment of Montgomery “Monty” Wageman as the Company's Senior Vice P...

4 months ago - GlobeNewsWire

Monday's Analyst Upgrades and Downgrades: Chipotle, CRISPR, Hess Midstream, iMedia, Kinder Morgan, Wendy's and More

Monday's futures were relatively flat, with the Nasdaq looking the best out of the group with about a 0.2% gain.

4 months ago - 24/7 Wall Street

iMedia Brands Announces Pricing of $43.5 Million Public Offering of Common Stock

MINNEAPOLIS, June 10, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced the pricing of an underwritten public offering of 4,830,918 shares of its common stock, at a public offe...

4 months ago - GlobeNewsWire

iMedia Brands Announces Proposed Public Offering of Common Stock

MINNEAPOLIS, June 09, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (NASDAQ: IMBI) today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. The pro...

4 months ago - GlobeNewsWire

iMedia Brands: Q1 Earnings Insights

Shares of iMedia Brands (NASDAQ:IMBI) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 72.73% over the past year to ($0.21), which beat the estimate of ...

4 months ago - Benzinga

iMedia Brands Reports First Quarter 2021 Results, Updates 2021 Guidance

Company Achieves 18% Net Sales Growth Over Same Prior Year Period Company Achieves 18% Net Sales Growth Over Same Prior Year Period

4 months ago - GlobeNewsWire

Earnings Preview: iMedia Brands

On Tuesday, May 25, iMedia Brands (NASDAQ:IMBI) will release its latest earnings report. Here is Benzinga's outlook for the company.

4 months ago - Benzinga

iMedia's ShopHQ Set to Launch in 20+ Million High-Definition Homes in Top U.S. Markets

Markets Include New York, Los Angeles, San Francisco, Dallas, Boston, Philadelphia & Washington, D.C.

5 months ago - GlobeNewsWire