Should I buy or sell Lemonade stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street 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?

6 Wall Street analysts have issued 12-month price targets for Lemonade's shares. Their LMND share price targets range from $9.00 to $17.00. On average, they expect the company's stock price to reach $12.67 in the next twelve months. This suggests that the stock has a possible downside of 28.6%. View analysts price targets for LMND or view top-rated stocks among Wall Street analysts .

How have LMND shares performed in 2023?

Lemonade's stock was trading at $13.68 at the start of the year. Since then, LMND shares have increased by 29.6% and is now trading at $17.73. View the best growth stocks for 2023 here .

Are investors shorting Lemonade?

Lemonade saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 15,620,000 shares, a decrease of 6.4% from the October 15th total of 16,680,000 shares. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is presently 10.3 days. Approximately 31.7% of the shares of the stock are sold short. View Lemonade's Short Interest .

When is Lemonade's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our LMND earnings forecast .

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) released its quarterly earnings results on Wednesday, November, 1st. The company reported ($0.88) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.93) by $0.05. The firm earned $114.50 million during the quarter, compared to analysts' expectations of $104.52 million. Lemonade had a negative net margin of 64.12% and a negative trailing twelve-month return on equity of 32.41%. The business's revenue for the quarter was up 54.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($1.37) EPS.

What ETFs hold Lemonade's stock?

ETFs with the largest weight of Lemonade (NYSE:LMND) stock in their portfolio include Mohr Growth ETF (MOHR) , Simplify Volt RoboCar Disruption and Tech ETF (VCAR) , Innovator IBD 50 ETF (FFTY) , ROBO Global Artificial Intelligence ETF (THNQ) , SoFi Be Your Own Boss ETF (BYOB) , SoFi Be Your Own Boss ETF (GIGE) , BlueStar Israel Technology ETF (ITEQ) and Invesco Dorsey Wright Financial Momentum ETF (PFI) .

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?

(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 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 Baillie Gifford & Co. (6.73%), Legal & General Group Plc (0.76%), Northern Trust Corp (0.68%), Charles Schwab Investment Management Inc. (0.65%), Sandler Capital Management (0.00%) and Panagora Asset Management Inc. (0.40%). Insiders that own company stock include Becker Caryn Seidman , Daniel A Schreiber, Joel E Cutler, John Sheldon Peters , Michael A Eisenberg , Shai Wininger 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Lemonade Stock Price, News & Analysis (NYSE:LMND)

$17.57

+0.09 (+0.51%)

(As of 11:09 AM ET)

Compare

Today's Range: $17.25
▼
$17.90
50-Day Range: $10.57
▼
$18.98
52-Week Range: $10.27
▼
$24.81

Volume: 433,273 shs
Average Volume: 1.53 million shs
Market Capitalization: $1.23 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.67

Lemonade MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 28.6% Downside
$12.67 Price Target
Short Interest: Bearish
33.49% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.76
Upright™ Environmental Score
News Sentiment: 0.17
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($3.56) to ($3.14) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.01 out of 5 stars

Finance Sector

686th out of 693 stocks

Fire, Marine, & Casualty Insurance Industry

38th out of 38 stocks

0.8

Analyst's Opinion

Consensus Rating
Lemonade has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 3 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.67, Lemonade has a forecasted downside of 28.6% from its current price of $17.73.
Amount of Analyst Coverage
Lemonade has only been the subject of 3 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
33.49% of the float of Lemonade has been sold short.
Short Interest Ratio / Days to Cover
Lemonade has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.
Change versus previous month
Short interest in Lemonade has recently increased by 6.08%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Lemonade does not currently pay a dividend.
Dividend Growth
Lemonade does not have a long track record of dividend growth.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Lemonade has received a 32.73% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is false driven by its "Home insurance services for individuals" and "General liability insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Lemonade is -0.76.

1.8

News and Social Media Coverage

News Sentiment
Lemonade has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Lemonade this week, compared to 0 articles on an average week.
Search Interest
Only 23 people have searched for LMND on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
MarketBeat Follows
Only 13 people have added Lemonade to their MarketBeat watchlist in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lemonade insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.70% of the stock of Lemonade is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
54.64% of the stock of Lemonade is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Lemonade are expected to grow in the coming year, from ($3.56) to ($3.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lemonade is -4.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lemonade is -4.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Lemonade has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lemonade Stock (NYSE:LMND)

Lemonade, Inc. provides various insurance products in the United States and Europe. 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

30 days | 90 days | 365 days | Advanced Chart

LMND Stock News Headlines

December 4, 2023 | americanbankingnews.com

Lemonade's (LMND) "Market Perform" Rating Reiterated at Oppenheimer

December 4, 2023 | americanbankingnews.com

Brokerages Set Lemonade, Inc. (NYSE:LMND) PT at $12.67

December 8, 2023 | Edge On The Street (Ad)

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December 3, 2023 | americanbankingnews.com

Lemonade (NYSE:LMND) Shares Gap Down to $17.67

November 28, 2023 | seekingalpha.com

Lemonade: Premiums Are Growing And Losses Are Slimming

November 2, 2023 | seekingalpha.com

When Life Gives You Lemonade, Book Your Tax Losses

October 19, 2023 | seekingalpha.com

Why Lemonade Is A Smart Long-Term Investment

August 15, 2023 | seekingalpha.com

Lemonade Q2 Earnings: Analyzing The Synthetic Agents Model

December 8, 2023 | Edge On The Street (Ad)

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August 8, 2023 | seekingalpha.com

Lemonade: Ignore Outliers, Focus On The Long Term

July 21, 2023 | seekingalpha.com

Lemonade: A Sweet Taste Of Upside For The Right Investor

June 20, 2023 | seekingalpha.com

Lemonade Is Just Getting Started

June 5, 2023 | seekingalpha.com

Lemonade: Big Strides On All Fronts

May 4, 2023 | seekingalpha.com

Lemonade's 50% Growth Might Not Be Enough

May 4, 2023 | seekingalpha.com

Lemonade: The Big Q1 Beat

May 3, 2023 | seekingalpha.com

Lemonade: Solid Quarterly Results Set Up A Trade

March 27, 2023 | seekingalpha.com

Lemonade: The Bull Thesis Is Starting To Play Out

October 12, 2022 | benzinga.com

Jane Phells's newly released "Lemonade for the Soul: Poems" is a heartwarming selection of uplifting poet - Benzinga

July 29, 2022 | investorplace.com

Why Is Lemonade (LMND) Stock in the Spotlight?

April 19, 2022 | investorplace.com

Why Lemonade Stock Looks Like a Buy Here

April 14, 2022 | investorplace.com

Insurtech Bet Lemonade Stock Is Low Enough to Buy Now

April 13, 2022 | investorplace.com

Lemonade is Having a Bit of an Identity Crisis

April 8, 2022 | investorplace.com

Lemonade Is Getting a Much-Needed Reality Check

March 24, 2022 | investorplace.com

2 Reasons to Buy Lemonade, and 2 to Avoid it

March 17, 2022 | investorplace.com

Is LMND Stock a Buy Right Now? 3 Analysts Weigh In on Lemonade Price Predictions.

March 17, 2022 | investorplace.com

Lemonade Stock Isn’t a Lemon but It Isn’t Gold Either

March 8, 2022 | investorplace.com

After a Sour Year in 2021, Can Lemonade Deliver in 2022?

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fire, marine, & casualty insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:LMND
CUSIP: N/A
CIK: 1691421
Web: www.lemonade.com
Phone: 844-733-8666
Fax: N/A
Employees: 1,367
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.67
High Stock Price Target: $17.00
Low Stock Price Target: $9.00
Potential Upside/Downside: -27.5%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-297,800,000.00
Net Margins: -64.12%
Pretax Margin: -64.14%
Return on Equity: -32.41%
Return on Assets: -15.67%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.98
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: $402.70 million
Price / Sales: 3.04
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $12.53 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 69,924,000
Free Float: 61,743,000
Market Cap: $1.22 billion
Optionable: Not Optionable
Beta: 1.97

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Key Executives

Mr. Daniel Asher Schreiber (Age 52)
Co-Founder, Chairman & Co-CEO
Comp: $494.6k
Mr. Shai Wininger Gavish (Age 49)
Co-Founder, President, Co-CEO, CTO & Director
Comp: $534.31k
Mr. Timothy E. Bixby (Age 58)
CFO & Treasurer
Comp: $458.7k
Ms. Adina Eckstein (Age 37)
Chief Operating Officer
Comp: $1.3M
Mr. John Sheldon Peters (Age 51)
Chief Insurance Officer
Comp: $418.7k
Dennis Monaghan
General Counsel & Secretary
Ms. Yael Wissner-Levy
Head of Content and Communications
Gavin Blair
Senior Vice President of Customer Operations
Mr. Sean John Burgess
Chief Claims Officer
Mr. Dan Richard Preston (Age 38)
Senior VP of Strategic Initiatives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LMND Stock Analysis - Frequently Asked Questions

Should I buy or sell Lemonade stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street 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?: 6 Wall Street analysts have issued 12-month price targets for Lemonade's shares. Their LMND share price targets range from $9.00 to $17.00. On average, they expect the company's stock price to reach $12.67 in the next twelve months. This suggests that the stock has a possible downside of 28.6%.
View analysts price targets for LMND or view top-rated stocks among Wall Street analysts.
How have LMND shares performed in 2023?: Lemonade's stock was trading at $13.68 at the start of the year. Since then, LMND shares have increased by 29.6% and is now trading at $17.73.
View the best growth stocks for 2023 here.
Are investors shorting Lemonade?: Lemonade saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 15,620,000 shares, a decrease of 6.4% from the October 15th total of 16,680,000 shares. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is presently 10.3 days. Approximately 31.7% of the shares of the stock are sold short.
View Lemonade's Short Interest.
When is Lemonade's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our LMND earnings forecast.
How were Lemonade's earnings last quarter?: Lemonade, Inc. (NYSE:LMND) released its quarterly earnings results on Wednesday, November, 1st. The company reported ($0.88) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.93) by $0.05. The firm earned $114.50 million during the quarter, compared to analysts' expectations of $104.52 million. Lemonade had a negative net margin of 64.12% and a negative trailing twelve-month return on equity of 32.41%. The business's revenue for the quarter was up 54.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($1.37) EPS.

What ETFs hold Lemonade's stock?: ETFs with the largest weight of Lemonade (NYSE:LMND) stock in their portfolio include Mohr Growth ETF (MOHR), Simplify Volt RoboCar Disruption and Tech ETF (VCAR), Innovator IBD 50 ETF (FFTY), ROBO Global Artificial Intelligence ETF (THNQ), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE), BlueStar Israel Technology ETF (ITEQ) and Invesco Dorsey Wright Financial Momentum ETF (PFI).
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?: (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 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 Baillie Gifford & Co. (6.73%), Legal & General Group Plc (0.76%), Northern Trust Corp (0.68%), Charles Schwab Investment Management Inc. (0.65%), Sandler Capital Management (0.00%) and Panagora Asset Management Inc. (0.40%). Insiders that own company stock include Becker Caryn Seidman, Daniel A Schreiber, Joel E Cutler, John Sheldon Peters, Michael A Eisenberg, Shai Wininger 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:LMND) was last updated on 12/8/2023 by MarketBeat.com Staff

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