NYSE:LMNDLemonade Stock Price, Forecast & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Lemonade is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Lemonade.

Lemonade Inc (NYSE:LMND) released its quarterly earnings results on Tuesday, August, 11th. The company reported ($1.77) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.29) by $0.48.
View Lemonade's earnings history.

Lemonade issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, August, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $14-15 million, compared to the consensus revenue estimate of $15.2 million.

6 equities research analysts have issued 12 month target prices for Lemonade's stock. Their forecasts range from $83.00 to $105.00. On average, they anticipate Lemonade's share price to reach $93.00 in the next twelve months. This suggests a possible upside of 53.3% from the stock's current price.
View analysts' price targets for Lemonade.

Press coverage about LMND stock has been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lemonade earned a media sentiment score of -4.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.
View the latest news about Lemonade.

Some companies that are related to Lemonade include Cincinnati Financial (CINF), Arch Capital Group (ACGL), Everest Re Group (RE), W. R. Berkley (WRB), Loews (L), RenaissanceRe (RNR), Cna Financial (CNA), Fairfax Financial Holdings Ltd Subordinate Voting Shares (FRFHF), Alleghany (Y), American Financial Group (AFG), Kemper (KMPR), Kinsale Capital Group (KNSL), RLI (RLI), Enstar Group (ESGR) and Hanover Insurance Group (THG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lemonade investors own include NVIDIA (NVDA), Square (SQ), Tesla (TSLA), Paypal (PYPL), Alibaba Group (BABA), Fastly (FSLY), Crowdstrike (CRWD), Shopify (SHOP), Trade Desk (TTD) and Advanced Micro Devices (AMD).

(LMND) raised $270 million in an 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 served as the underwriters for the IPO and JMP Securities, Oppenheimer, William Blair and LionTree were co-managers.

Lemonade trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMND."

Lemonade's quiet period expired on Tuesday, August 11th. Lemonade had issued 11,000,000 shares in its public offering on July 2nd. The total size of the offering was $319,000,000 based on an initial share price of $29.00. During Lemonade's quiet period, insiders and any underwriters that worked on the IPO were restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

Shares of LMND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of LMND stock can currently be purchased for approximately $60.67.

Lemonade has a market capitalization of $3.33 billion.

The official website for Lemonade is www.lemonade.com.

Lemonade's mailing address is 5 CROSBY STREET 3RD FLOOR, NEW YORK NY, 10013. The company can be reached via phone at 917-608-9499 or via email at [email protected]