Lemonade, Inc. (NYSE:LMND – Free Report) – Cantor Fitzgerald issued their FY2025 earnings per share estimates for Lemonade in a research note issued on Wednesday, August 13th. Cantor Fitzgerald analyst R. Tunis expects that the company will post earnings of ($2.62) per share for the year. Cantor Fitzgerald currently has a “Strong-Buy” rating on the stock. The consensus estimate for Lemonade’s current full-year earnings is ($3.03) per share. Cantor Fitzgerald also issued estimates for Lemonade’s FY2026 earnings at ($1.25) EPS.
Lemonade (NYSE:LMND – Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported ($0.60) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.21. Lemonade had a negative return on equity of 36.12% and a negative net margin of 33.96%. The firm had revenue of $164.10 million for the quarter, compared to the consensus estimate of $160.88 million. During the same quarter in the previous year, the company posted ($0.81) earnings per share. The business’s quarterly revenue was up 34.5% compared to the same quarter last year.
Read Our Latest Stock Analysis on Lemonade
Lemonade Price Performance
Shares of NYSE LMND opened at $57.34 on Friday. The business’s 50-day moving average price is $43.10 and its two-hundred day moving average price is $36.10. Lemonade has a one year low of $15.27 and a one year high of $60.41. The company has a market capitalization of $4.24 billion, a P/E ratio of -20.26 and a beta of 2.19.
Insider Activity at Lemonade
In related news, COO Adina Eckstein sold 5,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $49.00, for a total transaction of $245,000.00. Following the completion of the sale, the chief operating officer owned 189,653 shares in the company, valued at $9,292,997. This represents a 2.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John Sheldon Peters sold 6,543 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $45.00, for a total value of $294,435.00. Following the sale, the insider owned 106,115 shares of the company’s stock, valued at approximately $4,775,175. The trade was a 5.81% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,289 shares of company stock valued at $825,982. 14.70% of the stock is owned by corporate insiders.
Institutional Trading of Lemonade
Hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC lifted its position in shares of Lemonade by 8.0% in the 4th quarter. LPL Financial LLC now owns 36,195 shares of the company’s stock worth $1,328,000 after acquiring an additional 2,691 shares during the period. Envestnet Asset Management Inc. bought a new stake in shares of Lemonade in the 4th quarter worth approximately $293,000. Russell Investments Group Ltd. lifted its position in shares of Lemonade by 318.8% in the 4th quarter. Russell Investments Group Ltd. now owns 1,139 shares of the company’s stock worth $42,000 after acquiring an additional 867 shares during the period. Invesco Ltd. lifted its position in shares of Lemonade by 14.0% in the 4th quarter. Invesco Ltd. now owns 76,718 shares of the company’s stock worth $2,814,000 after acquiring an additional 9,419 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of Lemonade in the 4th quarter worth approximately $7,269,000. Institutional investors own 80.30% of the company’s stock.
About Lemonade
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.
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