Lemonade (LMND) Stock Price, News & Analysis

$17.42
-0.07 (-0.40%)
(As of 04/24/2024 ET)
Today's Range
$17.36
$17.75
50-Day Range
$15.67
$21.74
52-Week Range
$10.27
$24.81
Volume
1.01 million shs
Average Volume
1.78 million shs
Market Capitalization
$1.22 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.11

Lemonade MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.86 Rating Score
Upside/​Downside
1.8% Downside
$17.11 Price Target
Short Interest
Bearish
33.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.00mentions of Lemonade in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$165,400 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($3.03) to ($2.48) 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.

1.45 out of 5 stars

Finance Sector

723rd out of 859 stocks

Fire, Marine, & Casualty Insurance Industry

42nd out of 50 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 (LMND) Scheduled to Post Earnings on Tuesday
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
Lemonade Launches Homeowners Insurance in France
Is Lemonade Stock a Millionaire Maker?
Lemonade: Buy, Sell, or Hold?
Is Lemonade Stock a Buy?
Why Lemonade Stock Turned Sour Today
Why Is Lemonade Stock Plummeting Today?
Lemonade: Premiums Are Growing And Losses Are Slimming
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/30/2024
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
$17.11
High Stock Price Target
$40.00
Low Stock Price Target
$9.00
Potential Upside/Downside
-2.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.86
Research Coverage
7 Analysts

Profitability

Net Income
$-236,900,000.00
Pretax Margin
-53.47%

Debt

Sales & Book Value

Annual Sales
$429.80 million
Book Value
$10.14 per share

Miscellaneous

Free Float
62,008,000
Market Cap
$1.23 billion
Optionable
Optionable
Beta
1.89
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Key Executives


LMND Stock Analysis - Frequently Asked Questions

Should I buy or sell Lemonade stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

7 brokerages have issued 12 month price targets for Lemonade's shares. Their LMND share price targets range from $9.00 to $40.00. On average, they anticipate the company's stock price to reach $17.11 in the next twelve months. This suggests that the stock has a possible downside of 1.8%.
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 the year. Since then, LMND stock has increased by 8.0% and is now trading at $17.42.
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 Tuesday, April 30th 2024.
View our LMND earnings forecast
.

How can I listen to Lemonade's earnings call?

Lemonade will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) announced its earnings results on Tuesday, February, 27th. The company reported ($0.61) earnings per share for the quarter, beating analysts' consensus estimates of ($0.79) by $0.18. The company had revenue of $115.50 million for the quarter, compared to the consensus estimate of $111.71 million. Lemonade had a negative trailing twelve-month return on equity of 31.29% and a negative net margin of 55.12%. Lemonade's revenue was up 30.7% on a year-over-year basis. During the same period last year, the firm earned ($0.93) earnings per share.

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

Lemonade updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $111.0 million-$113.0 million, compared to the consensus revenue estimate of $119.8 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 (IPO) on Thursday, July 2nd 2020. The company issued 11,000,000 shares at $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.

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 4/24/2024 by MarketBeat.com Staff

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