Lemonade (LMND) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $42.48 to $48.15
• 50-Day Range: $15.66 to $46.58
• 52-Week Range: $14.03 to $48.15
• Volume: 9.34 million shs
• Average Volume: 1.72 million shs
• Market Capitalization: $3.33 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $26.50
• Consensus Rating: Reduce

Lemonade Stock Analysis - MarketRank™

Lemonade scored higher than 68% of companies evaluated by MarketBeat, and ranked 550th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

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 been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Lemonade are expected to grow in the coming year, from ($3.05) to ($2.53) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lemonade is -15.32, 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 -15.32, 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 4.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

30.30% 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 decreased by 2.25%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lemonade does not currently pay a dividend.

Dividend Growth

Lemonade does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.76

Percentage of Shares Shorted

30.30% 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 decreased by 2.25%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.22

News Sentiment

Lemonade has a news sentiment score of 0.22. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Lemonade this week, compared to 1 article on an average week.

Search Interest

32 people have searched for LMND on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.

MarketBeat Follows

18 people have added Lemonade to their MarketBeat watchlist in the last 30 days. This is an increase of 157% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lemonade insiders have sold 64.29% more of their company's stock than they have bought. Specifically, they have bought $1,007,445.00 in company stock and sold $1,655,085.00 in company stock.

Percentage Held by Insiders

12.50% 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.

LMND Stock Analysis - Frequently Asked Questions

How have LMND shares performed this year?

Lemonade's stock was trading at $16.13 at the beginning of 2024. Since then, LMND stock has increased by 188.8% and is now trading at $46.58.
View the best growth stocks for 2024 here.

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) released its quarterly earnings results on Wednesday, October, 30th. The company reported ($0.95) earnings per share for the quarter, topping analysts' consensus estimates of ($1.02) by $0.07. The firm's quarterly revenue was up 19.3% on a year-over-year basis.

When did Lemonade IPO?

Lemonade (LMND) raised $270 million in an initial public offering 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 served as the underwriters for the IPO and JMP Securities, Oppenheimer, William Blair and LionTree were co-managers.

Who are Lemonade's major shareholders?

Top institutional investors of Lemonade include Baillie Gifford & Co. (5.22%), State Street Corp (1.73%), Geode Capital Management LLC (1.69%) and Charles Schwab Investment Management Inc. (0.63%). Insiders that own company stock include Timothy E Bixby, John Sheldon Peters, Maya Prosor and Maria Angelidis-Smith.
View institutional ownership trends.

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.

What other stocks do shareholders of Lemonade own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lemonade investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Salesforce (CRM), Meta Platforms (META), Tesla (TSLA), Block (SQ) and PayPal (PYPL).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• 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: $26.50
• High Stock Price Target: $42.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: -43.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.04)
• 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: -43.51%
• Pretax Margin: -41.71%
• Return on Equity: -32.85%
• Return on Assets: -12.59%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $429.80 million
• Price / Sales: 7.74
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $10.14 per share
• Price / Book: 4.59

Miscellaneous

• Outstanding Shares: 71,400,000
• Free Float: 62,479,000
• Market Cap: $3.33 billion
• Optionable: Optionable
• Beta: 1.68