Lemonade (LMND) Stock Price, News & Analysis

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.
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7 brokerages have issued twelve-month target prices for Lemonade's shares. Their LMND share price targets range from $9.00 to $40.00. On average, they predict the company's stock price to reach $17.11 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
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Lemonade's stock was trading at $16.13 at the start of the year. Since then, LMND shares have decreased by 2.4% and is now trading at $15.75.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
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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.

Lemonade, Inc. (NYSE:LMND) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.61) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.79) by $0.18. The firm 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%. The business's quarterly revenue was up 30.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.93) EPS.

ETFs with the largest weight of Lemonade (NYSE:LMND) stock in their portfolio include Simplify Volt RoboCar Disruption and Tech ETF (VCAR), Innovator IBD 50 ETF (FFTY), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE), ROBO Global Artificial Intelligence ETF (THNQ), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Amplify BlueStar Israel Technology ETF (ITEQ) and VanEck Israel ETF (ISRA).

Lemonade issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided 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.

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.

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).

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 served as the underwriters for the IPO and JMP Securities, Oppenheimer, William Blair and LionTree were co-managers.

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.
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