Lemonade (LMND) Projected to Post Earnings on Tuesday

Lemonade (NYSE:LMND - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of ($0.95) per share and revenue of $144.98 million for the quarter. Lemonade has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Lemonade (NYSE:LMND - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported ($0.42) earnings per share for the quarter, topping the consensus estimate of ($0.61) by $0.19. The company had revenue of $148.80 million during the quarter, compared to the consensus estimate of $144.78 million. Lemonade had a negative return on equity of 32.85% and a negative net margin of 43.51%. On average, analysts expect Lemonade to post $-3 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Lemonade Stock Performance

Shares of NYSE:LMND traded up $1.21 during mid-day trading on Thursday, hitting $29.31. 1,006,751 shares of the company traded hands, compared to its average volume of 1,922,692. The firm's 50 day simple moving average is $32.01 and its 200 day simple moving average is $33.20. The firm has a market cap of $2.13 billion, a P/E ratio of -9.64 and a beta of 2.13. Lemonade has a 52-week low of $14.03 and a 52-week high of $53.85.

Insider Transactions at Lemonade

In related news, insider John Sheldon Peters sold 1,899 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $33.79, for a total transaction of $64,167.21. Following the transaction, the insider now directly owns 87,609 shares in the company, valued at $2,960,308.11. This trade represents a 2.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Softbank Group Capital Ltd sold 42,160 shares of Lemonade stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $37.22, for a total transaction of $1,569,195.20. Following the completion of the transaction, the insider now directly owns 10,452,476 shares of the company's stock, valued at approximately $389,041,156.72. This represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 248,634 shares of company stock valued at $9,219,003. Insiders own 12.50% of the company's stock.

Wall Street Analysts Forecast Growth

LMND has been the subject of several analyst reports. Keefe, Bruyette & Woods decreased their target price on shares of Lemonade from $25.00 to $22.00 and set an "underperform" rating for the company in a research note on Tuesday. Morgan Stanley cut shares of Lemonade from an "equal weight" rating to an "underweight" rating and decreased their price objective for the company from $35.00 to $24.00 in a research report on Tuesday, April 8th. Finally, Piper Sandler dropped their target price on Lemonade from $44.00 to $34.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $28.17.

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.