NYSE:LMND

Lemonade (LMND) Stock Price, News & Analysis

$18.62
+2.04 (+12.30%)
(As of 05/13/2024 ET)
Today's Range
$16.83
$20.10
50-Day Range
$15.67
$18.62
52-Week Range
$10.27
$24.81
Volume
5.26 million shs
Average Volume
1.80 million shs
Market Capitalization
$1.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.86

Lemonade MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
1.3% Upside
$18.86 Price Target
Short Interest
Bearish
32.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.86mentions of Lemonade in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$165,400 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($2.93) to ($2.39) Per Share

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.

3.52 out of 5 stars

Finance Sector

1274th out of 2,641 stocks

Fire, Marine, & Casualty Insurance Industry

91st out of 159 stocks

LMND stock logo

About Lemonade Stock (NYSE:LMND)

Lemonade, Inc. provides various insurance products through various channels in the United States, Europe, and the United Kingdom. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, car, pet, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

LMND Stock Price History

LMND Stock News Headlines

Lemonade Squeezes as Breakeven Date Gets Pulled Closer
Artificial intelligence (AI) powered insurance platform Lemonade Inc. NYSE: LMND made headlines on its Q1 2024 earnings release. The company still lost money but revenues jumped 25.1% YoY.
Lemonade Target of Unusually Large Options Trading (NYSE:LMND)
Lemonade (NYSE:LMND) PT Raised to $16.00
Lemonade (NYSE:LMND) PT Raised to $18.00 at Piper Sandler
Lemonade: Tilting Consistently Toward Breakeven
Lemonade Launches Homeowners Insurance in France
Is Lemonade Stock a Millionaire Maker?
Lemonade: Buy, Sell, or Hold?
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/13/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Fax
N/A
Employees
1,258
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.86
High Stock Price Target
$40.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+1.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
8 Analysts

Profitability

Net Income
$-236,900,000.00
Pretax Margin
-46.35%

Debt

Sales & Book Value

Annual Sales
$429.80 million
Book Value
$10.14 per share

Miscellaneous

Free Float
61,689,000
Market Cap
$1.31 billion
Optionable
Optionable
Beta
1.82
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Key Executives


LMND Stock Analysis - Frequently Asked Questions

Should I buy or sell Lemonade stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" LMND shares.
View LMND analyst ratings
or view top-rated stocks.

What is Lemonade's stock price target for 2024?

8 Wall Street research analysts have issued 1-year price targets for Lemonade's stock. Their LMND share price targets range from $9.00 to $40.00. On average, they anticipate the company's stock price to reach $18.86 in the next year. This suggests a possible upside of 1.3% from the stock's current price.
View analysts price targets for LMND
or view top-rated stocks among Wall Street analysts.

How have LMND shares performed in 2024?

Lemonade's stock was trading at $16.13 at the beginning of 2024. Since then, LMND stock has increased by 15.4% and is now trading at $18.62.
View the best growth stocks for 2024 here
.

When is Lemonade's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our LMND earnings forecast
.

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) released its quarterly earnings data on Tuesday, April, 30th. The company reported ($0.67) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.81) by $0.14. The company had revenue of $119.10 million for the quarter, compared to analysts' expectations of $114.13 million. Lemonade had a negative net margin of 48.14% and a negative trailing twelve-month return on equity of 30.30%. The company's revenue for the quarter was up 25.1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.95) EPS.

What guidance has Lemonade issued on next quarter's earnings?

Lemonade issued an update on its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $118.0 million-$120.0 million, compared to the consensus revenue estimate of $123.0 million.

What is Daniel Schreiber's approval rating as Lemonade's CEO?

121 employees have rated Lemonade Chief Executive Officer Daniel Schreiber on Glassdoor.com. Daniel Schreiber has an approval rating of 99% among the company's employees. This puts Daniel Schreiber in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lemonade own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lemonade investors own include NVIDIA (NVDA), Tesla (TSLA), Teladoc Health (TDOC), CrowdStrike (CRWD), Block (SQ), DocuSign (DOCU), PayPal (PYPL), Zoom Video Communications (ZM), Intel (INTC) and Datadog (DDOG).

When did Lemonade IPO?

Lemonade (LMND) raised $270 million in an initial public offering on Thursday, July 2nd 2020. The company issued 11,000,000 shares at a price of $23.00-$26.00 per share. Goldman Sachs, Morgan Stanley, Allen & Company and Barclays Capital acted as the underwriters for the IPO and JMP Securities, Oppenheimer, William Blair and LionTree were co-managers.

Who are Lemonade's major shareholders?

Lemonade's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.36%), Baillie Gifford & Co. (6.34%), Simplex Trading LLC (0.00%), GSA Capital Partners LLP (0.27%), Mirae Asset Global Investments Co. Ltd. (0.16%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include John Sheldon Peters, Maya Prosor, Michael A Eisenberg and Timothy E Bixby.
View institutional ownership trends
.

How do I buy shares of Lemonade?

Shares of LMND 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 (NYSE:LMND) was last updated on 5/14/2024 by MarketBeat.com Staff

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