Lemonade, Inc. (LMND)

NYSE: LMND · Real-Time Price · USD
46.58
+6.44 (16.04%)
At close: Nov 20, 2024, 4:00 PM
48.68
+2.10 (4.51%)
Pre-market: Nov 21, 2024, 5:45 AM EST
16.04%
Market Cap 3.33B
Revenue (ttm) 492.50M
Net Income (ttm) -214.60M
Shares Out 71.40M
EPS (ttm) -3.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,051,443
Open 42.88
Previous Close 40.14
Day's Range 42.48 - 48.15
52-Week Range 14.03 - 48.15
Beta 1.68
Analysts Hold
Price Target 32.20 (-30.87%)
Earnings Date Oct 30, 2024

About 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 ... [Read more]

Sector Financials
IPO Date Jul 2, 2020
Employees 1,258
Stock Exchange NYSE
Ticker Symbol LMND
Full Company Profile

Financial Performance

In 2023, Lemonade's revenue was $429.80 million, an increase of 67.43% compared to the previous year's $256.70 million. Losses were -$236.90 million, -20.45% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for LMND stock is "Hold." The 12-month stock price forecast is $32.2, which is a decrease of -30.87% from the latest price.

Price Target
$32.2
(-30.87% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Lemonade stock price is rising: technicals point to a 150% surge

Lemonade stock price has gone parabolic, soaring for four consecutive weeks and reaching its highest level since December 2021. It has jumped by almost 300% from its lowest level in 2023 as the compan...

1 day ago - Invezz

From $1 Billion to $10 Billion: Lemonade's Investor Day To Focus On The Next 10x

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) will hold its in-person Investor Day in a week's time, on Tuesday, November 19, 2024 in New York City. At Investor Day, management will provide d...

8 days ago - Business Wire

Lemonade: Driving Lower Costs Through AI While Pursuing Thoughtful Expansion

Lemonade has continued to soar with excellent Q3 results, featuring an acceleration in in-force premium growth rates. The company's diversification into pet and car insurance, plus European expansion,...

13 days ago - Seeking Alpha

Lemonade CEO talks insurance, natural disasters

According to Moody's RMS data, the combined insured losses from Hurricanes Helene and Milton are estimated to range from $35-55 billion. CoreLogic data indicates 32.7 million residential properties re...

17 days ago - Yahoo Finance

Insurance Industry Trends Shown Through LMND & ROOT

Today's Overlooked Stock focuses on Lemonade (LMND), an insurance company that utilizes A.I. George Tsilis says the company highlights a unique trend in the insurance industry.

Other symbols: ROOT
19 days ago - Schwab Network

LMND Rally Shows Pricing Power of Insurance Industry

Lemonade (LMND) rallied to a 52-week high after reporting narrower losses than expected and free cash flow growth. The company utilizes A.I.

20 days ago - Schwab Network

Lemonade: The Stock Gets Juiced On A Mixed Q3

Lemonade, Inc. is an innovative digital-only insurer. The author previously provided readers with a profitable trade on Lemonade earlier this year. LMND is buying their customers.

20 days ago - Seeking Alpha

Lemonade, Inc. (LMND) Q3 2024 Earnings Call Transcript

Lemonade, Inc. (NYSE:LMND) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Yael Wissner-Levy - Vice President of Communications Daniel Schreiber - Co-Founder & Chief...

20 days ago - Seeking Alpha

Lemonade Announces Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its third quarter 2024 financial results by posting them to its website. Please view the Q3 2024 financial results in the Letter to ...

21 days ago - Business Wire

Lemonade Day National Welcomes Mikaila Ulmer, Founder & CEO of Me & The Bees Lemonade, as New Board Director

HOUSTON--(BUSINESS WIRE)--Lemonade Day National welcomes alum Mikaila Ulmer, founder/CEO of Me & the Bees Lemonade, to its Board during National Women's Small Business Month.

27 days ago - Business Wire

Lemonade To Announce Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced it will release its third quarter 2024 financial results on Wednesday, October 30, 2024 after market close. Lemonade will host a ...

6 weeks ago - Business Wire

Lemonade: Applying AI To Manage Risks, Raise Sales And Reduce Costs

Lemonade's 25% stock drop after Q2 2024 results presents an opportunity, leveraging AI to innovate and monetize risk management in the insurance industry. AI-driven cost optimization and rapid custome...

2 months ago - Seeking Alpha

Lemonade to Present at Oppenheimer's 27th Annual Technology, Internet & Communications Conference

NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced that Chief Financial Officer, Tim Bixby, is scheduled to present at Opp...

3 months ago - Business Wire

Lemonade's ‘Tech Obsession' Sees AI Handling 30% of Interactions

Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ask about the practical impact of our investments in buil...

4 months ago - PYMNTS

Lemonade, Inc. (LMND) Q2 2024 Earnings Call Transcript

Lemonade, Inc. (NYSE:LMND) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Yael Wissner-Levy - Vice President of Communications Daniel Schreiber - Co-Founder & Chief Ex...

4 months ago - Seeking Alpha

Lemonade: Focus On Long-Term Metrics, Ignore Short-Term Volatility

Shares of Lemonade have tanked ~15% after reporting Q2 results, owing mostly to a softer revenue guidance for Q3. For Lemonade, however, the core metric to watch is in force premium growth, for which ...

4 months ago - Seeking Alpha

Lemonade's stock slides 14% after posting Q2 loss

Lemonade Inc.'s stock LMND, -1.35% fell 14% in after-hours trade Tuesday, after the digital insurer which uses AI to power its business posted a narrower-than-expected second-quarter loss but revenue ...

4 months ago - Market Watch

Lemonade Announces Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its second quarter 2024 financial results by posting them to its website. Please view the Q2 2024 financial results in the Letter to...

4 months ago - Business Wire

Lemonade's 2024 Giveback Celebrates its Eighth Year, Donating More Than $2 Million to Organizations Chosen by Customers

NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND), the digital insurance company driven by AI and social impact, announced its 2024 Giveback, marking the eighth consecutive year of giving back to dozen...

4 months ago - Business Wire

Lemonade To Announce Second Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced it will release its second quarter 2024 financial results on Tuesday, July 30, 2024 after market close. Lemonade will host a conf...

4 months ago - Business Wire

Lemonade Announces Successful Renewal of Reinsurance Program

NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. It was led by the same tier-on...

5 months ago - Business Wire

Low-cost insurer lemonade's big bet on gen AI

Daniel Schreiber, Lemonade CEO & co-Founder, joins 'Closing Bell: Overtime' to discuss the state of the insurance industry, consumer costs and benefits from AI.

5 months ago - CNBC Television

Lemonade stock price is trailing Root Inc.: What next?

Lemonade (NYSE: LMND) stock price is not doing well as the company's revenue and losses rise. It has plunged by over 91% from its highest level in 2021, pushing its total market cap from over $12 bill...

Other symbols: ROOT
6 months ago - Invezz

Van Eck cuts stake in Lemonade stock: should you too?

Van Eck Associates Corp just announced to have trimmed its stake in Lemonade Inc (NYSE: LMND). Shares of the insurance firm are still up more than 15% at writing.

6 months ago - Invezz

Why Lemonade's Technology And Innovative Business Model Set It Apart From Legacy Insurance Companies

Lemonade is leveraging AI and data analytics to streamline its operations. It is working towards achieving positive net cash flow by the beginning of 2025. Look for the company to roll out auto insura...

7 months ago - Seeking Alpha