NYSE:LMND

Lemonade (LMND) Stock Forecast, Price & News

$11.44

-0.18 (-1.55%)

(As of 05:37 PM ET)

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Today's Range: $11.34
▼
$11.73
50-Day Range: $11.39
▼
$23.25
52-Week Range: $10.28
▼
$25.11

Volume: 1.13 million shs
Average Volume: 1.43 million shs
Market Capitalization: $797.25 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $16.94

Lemonade MarketRank™ Forecast

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 48.1% Upside
$16.94 Price Target
Short Interest: Bearish
31.94% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.76
Upright™ Environmental Score
News Sentiment: 0.78
Based on 3 Articles This Week
Insider Trading: Selling Shares
$100,000 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($3.63) to ($3.05) Per Share

Overall MarketRank^™

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

1.85 out of 5 stars

Finance Sector

728th out of 878 stocks

Fire, Marine, & Casualty Insurance Industry

35th out of 49 stocks

2.8

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 $16.94, Lemonade has a forecasted upside of 48.1% from its current price of $11.44.
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
31.94% 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 10.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Lemonade has recently increased by 1.17%, indicating that investor sentiment is decreasing.

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.

2.1

News and Social Media Coverage

News Sentiment
Lemonade has a news sentiment score of 0.78. 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 news sentiment score is similar to the average news sentiment 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 10 people have searched for LMND on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Lemonade to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lemonade insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $100,000.00 in 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Lemonade are expected to grow in the coming year, from ($3.63) to ($3.05) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lemonade is -2.71, 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 -2.71, 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 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lemonade (NYSE:LMND) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

LMND Stock News Headlines

September 30, 2023 | americanbankingnews.com

Lemonade (NYSE:LMND) PT Raised to $9.00 at BMO Capital Markets

September 28, 2023 | americanbankingnews.com

Lemonade, Inc. (NYSE:LMND) Receives Average Recommendation of "Reduce" from Analysts

October 2, 2023 | Legacy Research (Ad)

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August 15, 2023 | seekingalpha.com

Lemonade Q2 Earnings: Analyzing The Synthetic Agents Model

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

October 2, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

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?

February 23, 2022 | investorplace.com

Wall Street Has Soured on Lemonade, but Its Acquisition Could Be Very Profitable

August 12, 2021 | finance.yahoo.com

Consumer Alert: Lowey Dannenberg, P.C., Investigates Claims Against Insurance Company, Lemonade, Inc. - Yahoo Finance

August 12, 2021 | feeds.benzinga.com

Consumer Alert: Lowey Dannenberg, P.C., Investigates Claims Against Insurance Company, Lemonade, Inc.

August 8, 2021 | nasdaq.com

Is Lemonade Stock a Buy? - Nasdaq

See More Headlines

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LMND Company Calendar

Last Earnings: 8/02/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $16.94
High Stock Price Forecast: $30.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +48.3%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.22)
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: -79.54%
Pretax Margin: -79.46%
Return on Equity: -34.23%
Return on Assets: -17.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.99
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $256.70 million
Price / Sales: 3.10
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $12.53 per share
Price / Book: 0.91

Miscellaneous

Outstanding Shares: 69,690,000
Free Float: 61,534,000
Market Cap: $795.86 million
Optionable: Not Optionable
Beta: 1.59

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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, Pres, 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
Gen. Counsel & Sec.

Ms. Yael Wissner-Levy
Head of Content and Communications

Gavin Blair
Sr. VP of Customer Operations

Mr. Sean John Burgess
Chief Claims Officer

Mr. Dan Richard Preston (Age 38)
Sr. VP of Strategic Initiatives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LMND Stock - Frequently Asked Questions

Should I buy or sell Lemonade stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last twelve months. There are currently 3 sell ratings and 3 hold ratings 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 forecast for 2023?: 6 equities research analysts have issued 12 month target prices for Lemonade's shares. Their LMND share price forecasts range from $9.00 to $30.00. On average, they anticipate the company's stock price to reach $16.94 in the next twelve months. This suggests a possible upside of 48.3% 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 2023?: Lemonade's stock was trading at $13.68 at the beginning of 2023. Since then, LMND shares have decreased by 16.5% and is now trading at $11.42.
View the best growth stocks for 2023 here.
When is Lemonade's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our LMND earnings forecast.
How were Lemonade's earnings last quarter?: Lemonade, Inc. (NYSE:LMND) issued its earnings results on Wednesday, August, 2nd. The company reported ($0.97) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.03) by $0.06. The company had revenue of $104.60 million for the quarter, compared to analysts' expectations of $97.58 million. Lemonade had a negative trailing twelve-month return on equity of 34.23% and a negative net margin of 79.54%. The firm's revenue for the quarter was up 109.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.10) 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 guidance has Lemonade issued on next quarter's earnings?: Lemonade issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $102.00 million-$104.00 million, compared to the consensus revenue estimate of $101.99 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?: (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.
What is Lemonade's stock symbol?: Lemonade trades on the New York Stock Exchange (NYSE) under the ticker symbol "LMND."
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.
What is Lemonade's stock price today?: One share of LMND stock can currently be purchased for approximately $11.42.
How much money does Lemonade make?: Lemonade (NYSE:LMND) has a market capitalization of $795.86 million and generates $256.70 million in revenue each year. The company earns $-297,800,000.00 in net income (profit) each year or ($4.22) on an earnings per share basis.
How many employees does Lemonade have?: The company employs 1,367 workers across the globe.
How can I contact Lemonade?: Lemonade's mailing address is 5 CROSBY STREET 3RD FLOOR, NEW YORK NY, 10013. The official website for the company is www.lemonade.com. The company can be reached via phone at 844-733-8666 or via email at ir@lemonade.com.

This page (NYSE:LMND) was last updated on 10/2/2023 by MarketBeat.com Staff

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