Lemonade Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Lemonade stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMND, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Lemonade a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lemonade wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Lemonade saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 10,460,000 shares, an increase of 30.9% from the April 29th total of 7,990,000 shares. Based on an average trading volume of 2,740,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 29.3% of the company's shares are sold short.
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Lemonade is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
View our earnings forecast for Lemonade.

Lemonade, Inc. (NYSE:LMND) released its quarterly earnings results on Wednesday, May, 12th. The company reported ($0.81) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.76) by $0.05. The company earned $23.50 million during the quarter, compared to analysts' expectations of $21.88 million. Lemonade had a negative net margin of 147.00% and a negative trailing twelve-month return on equity of 26.53%. The business's revenue was down 10.3% compared to the same quarter last year.
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Lemonade updated its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $26 million-27 million, compared to the consensus revenue estimate of $26.24 million.

9 analysts have issued 1-year price targets for Lemonade's stock. Their forecasts range from $29.00 to $134.00. On average, they expect Lemonade's share price to reach $88.57 in the next twelve months. This suggests that the stock has a possible downside of 15.4%.
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121 employees have rated Lemonade CEO Daniel Schreiber on Glassdoor.com. Daniel Schreiber has an approval rating of 99% among Lemonade's employees. This puts Daniel Schreiber in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Lemonade include The Hartford Financial Services Group (HIG), Cincinnati Financial (CINF), MS&AD Insurance Group (MSADY), Markel (MKL), Arch Capital Group (ACGL), Loews (L), W. R. Berkley (WRB), CNA Financial (CNA), Everest Re Group (RE), Fairfax Financial (FRFHF), American Financial Group (AFG), Alleghany (Y), RenaissanceRe (RNR), Enstar Group (ESGR) and The 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), Tesla (TSLA), Teladoc Health (TDOC), CrowdStrike (CRWD), Square (SQ), DocuSign (DOCU), PayPal (PYPL), Zoom Video Communications (ZM), Intel (INTC) and Datadog (DDOG).

(LMND) raised $270 million in an initial public offering (IPO) 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.

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

Lemonade's stock is owned by many different retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (5.93%), General Catalyst Group Management LLC (3.36%), BlackRock Inc. (1.82%), Coatue Management LLC (0.95%), Zevenbergen Capital Investments LLC (0.90%) and Amundi Asset Management US Inc. (0.65%). Company insiders that own Lemonade stock include Becker Caryn Seidman, Daniel A Schreiber, Joel E Cutler, John Sheldon Peters, Jorge Espinel, Michael A Eisenberg, Shai Wininger and Timothy E Bixby.
View institutional ownership trends for Lemonade.

LMND stock was sold by a variety of institutional investors in the last quarter, including General Catalyst Group Management LLC, Amundi Asset Management US Inc., Phoenix Holdings Ltd., Avitas Wealth Management LLC, Harel Insurance Investments & Financial Services Ltd., Morgan Stanley, Man Group plc, and Mirador Capital Partners LP. Company insiders that have sold Lemonade company stock in the last year include Becker Caryn Seidman, Daniel A Schreiber, Joel E Cutler, John Sheldon Peters, Jorge Espinel, Michael A Eisenberg, Shai Wininger, and Timothy E Bixby.
View insider buying and selling activity for Lemonade or view top insider-selling stocks.

LMND stock was purchased by a variety of institutional investors in the last quarter, including Coatue Management LLC, BlackRock Inc., Baillie Gifford & Co., Voloridge Investment Management LLC, Geode Capital Management LLC, Ghisallo Capital Management LLC, Railway Pension Investments Ltd, and Nuveen Asset Management LLC.
View insider buying and selling activity for Lemonade or or view top insider-buying stocks.

Shares of LMND 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.
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One share of LMND stock can currently be purchased for approximately $104.75.

Lemonade has a market capitalization of $6.43 billion and generates $94.40 million in revenue each year. The company earns $-122,300,000.00 in net income (profit) each year or ($3.63) on an earnings per share basis.

Lemonade employs 567 workers across the globe.

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

Lemonade is headquartered at 5 CROSBY STREET 3RD FLOOR, NEW YORK NY, 10013.

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]