Should I buy or sell Lemonade stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating 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 target for 2024?

7 analysts have issued 12 month price targets for Lemonade's shares. Their LMND share price targets range from $9.00 to $40.00. On average, they expect the company's share price to reach $17.11 in the next year. This suggests a possible upside of 8.8% 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 2024?

Lemonade's stock was trading at $16.13 at the beginning of the year. Since then, LMND stock has decreased by 2.5% and is now trading at $15.73. View the best growth stocks for 2024 here .

When is Lemonade's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our LMND earnings forecast .

How can I listen to Lemonade's earnings call?

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 .

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.61) earnings per share for the quarter, beating analysts' consensus estimates of ($0.79) by $0.18. The company earned $115.50 million during the quarter, compared to analyst estimates of $111.71 million. Lemonade had a negative net margin of 55.12% and a negative trailing twelve-month return on equity of 31.29%. Lemonade's quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.93) earnings per share.

What ETFs hold Lemonade's stock?

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) .

What guidance has Lemonade issued on next quarter's earnings?

Lemonade updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share 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.

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?

Lemonade (LMND) raised $270 million in an 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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:LMND

Lemonade (LMND) Stock Price, News & Analysis

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Free LMND Stock Alerts

$15.73

-0.01 (-0.06%)

(As of 04/18/2024 ET)

Compare

Today's Range: $15.53
▼
$16.75
50-Day Range: $15.67
▼
$21.74
52-Week Range: $10.27
▼
$24.81

Volume: 1.37 million shs
Average Volume: 1.81 million shs
Market Capitalization: $1.10 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.11

Get Lemonade alerts:

Lemonade MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 8.8% Upside
$17.11 Price Target
Short Interest: Bearish
33.06% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.76
Upright™ Environmental Score
News Sentiment: 0.32
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
$165,400 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($3.07) to ($2.52) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.94 out of 5 stars

Finance Sector

650th out of 822 stocks

Fire, Marine, & Casualty Insurance Industry

40th out of 50 stocks

0.9

Analyst's Opinion

Consensus Rating
Lemonade has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Lemonade has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
33.06% 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 9.1.
Change versus previous month
Short interest in Lemonade has recently increased by 4.52%, 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.

2.4

News and Social Media Coverage

News Sentiment
Lemonade has a news sentiment score of 0.32. 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 5 news articles for Lemonade this week, compared to 0 articles on an average week.
Search Interest
Only 14 people have searched for LMND on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
17 people have added Lemonade to their MarketBeat watchlist in the last 30 days. This is an increase of 6% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lemonade insiders have bought 606.54% more of their company's stock than they have sold. Specifically, they have bought $165,400.00 in company stock and sold $23,410.00 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
80.30% 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 ($3.07) to ($2.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lemonade is -4.61, 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 -4.61, 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 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Lemonade Stock (NYSE:LMND)

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

April 18, 2024 | fool.com

1 Up-and-Coming Artificial Intelligence (AI) Stock That Could Make You a Millionaire

April 16, 2024 | americanbankingnews.com

Lemonade's (LMND) "Market Outperform" Rating Reaffirmed at JMP Securities

April 18, 2024 | Paradigm Press (Ad)

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April 14, 2024 | fool.com

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April 11, 2024 | businesswire.com

Lemonade To Announce First Quarter 2024 Financial Results

April 10, 2024 | investorplace.com

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April 9, 2024 | businesswire.com

Lemonade Launches Homeowners Insurance in France

April 18, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

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April 3, 2024 | businesswire.com

Prelude Selected by Lemonade to Help Fortify Defenses

March 31, 2024 | seekingalpha.com

Lemonade: 2024 Should Be A Successful Year For This Insurer

March 31, 2024 | seekingalpha.com

Lemonade: 2024 Should Be A Successful Year For This Insurer

March 20, 2024 | fool.com

Is Lemonade Stock a Millionaire Maker?

March 18, 2024 | fool.com

Lemonade: Buy, Sell, or Hold?

March 12, 2024 | fool.com

Despite Lowered Guidance, Lemonade Is Still Making Progress. Is the Stock a Buy?

March 11, 2024 | fool.com

Is Lemonade Stock a Buy?

March 10, 2024 | fool.com

Down 91%, Is It Time to Buy Lemonade Stock?

March 6, 2024 | fool.com

1 Growth Stock Down 89% You'll Wish You Had Bought on the Dip

March 1, 2024 | fool.com

This Disruptive Innovator Could Join Tomorrow's Growth Stock Elite in the Wake of FAANG and the "Magnificent Seven"

February 28, 2024 | fool.com

Why Lemonade Stock Turned Sour Today

February 28, 2024 | seekingalpha.com

Lemonade: Profit Inflection Close, But Still No Juice For Bulls

February 28, 2024 | fool.com

Why Is Lemonade Stock Plummeting Today?

February 28, 2024 | seekingalpha.com

Lemonade Results Leave Investors Bitter, Traders Have Opportunity

February 27, 2024 | businesswire.com

Lemonade Announces Fourth Quarter and Full Year 2023 Financial Results

December 1, 2023 | seekingalpha.com

Why Lemonade's Progress Toward Profitability And Free Cash Flow Make The Stock A Buy

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

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Fire, marine, & casualty insurance
Sub-Industry: N/A
Current Symbol: NYSE:LMND
CUSIP: N/A
CIK: 1691421
Web: www.lemonade.com
Phone: 844-733-8666
Fax: N/A
Employees: 1,258
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.11
High Stock Price Target: $40.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +8.6%
Consensus Rating: Reduce
Rating Score (0-4): 1.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.41)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-236,900,000.00
Net Margins: -55.12%
Pretax Margin: -53.47%
Return on Equity: -31.29%
Return on Assets: -14.50%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.97
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $429.80 million
Price / Sales: 2.57
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $10.14 per share
Price / Book: 1.55

Miscellaneous

Outstanding Shares: 70,220,000
Free Float: 62,008,000
Market Cap: $1.11 billion
Optionable: Optionable
Beta: 1.89

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Key Executives

Mr. Daniel Asher Schreiber (Age 53)
CO-Founder, Chairman & CEO
Comp: $494.6k
Mr. Shai Wininger Gavish (Age 50)
Co-Founder, President & Director
Comp: $534.31k
Mr. Timothy E. Bixby (Age 59)
CFO & Principal Accounting Officer
Comp: $458.7k
Ms. Adina Eckstein (Age 38)
Chief Operating Officer
Comp: $1.3M
Mr. John Sheldon Peters (Age 52)
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?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating 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 target for 2024?: 7 analysts have issued 12 month price targets for Lemonade's shares. Their LMND share price targets range from $9.00 to $40.00. On average, they expect the company's share price to reach $17.11 in the next year. This suggests a possible upside of 8.8% 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 2024?: Lemonade's stock was trading at $16.13 at the beginning of the year. Since then, LMND stock has decreased by 2.5% and is now trading at $15.73.
View the best growth stocks for 2024 here.
When is Lemonade's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LMND earnings forecast.
How can I listen to Lemonade's earnings call?: 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.
How were Lemonade's earnings last quarter?: Lemonade, Inc. (NYSE:LMND) posted its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.61) earnings per share for the quarter, beating analysts' consensus estimates of ($0.79) by $0.18. The company earned $115.50 million during the quarter, compared to analyst estimates of $111.71 million. Lemonade had a negative net margin of 55.12% and a negative trailing twelve-month return on equity of 31.29%. Lemonade's quarterly revenue was up 30.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.93) earnings per share.

What ETFs hold Lemonade's stock?: 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).
What guidance has Lemonade issued on next quarter's earnings?: Lemonade updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share 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.
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?: Lemonade (LMND) raised $270 million in an 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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LMND) was last updated on 4/18/2024 by MarketBeat.com Staff

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