Lemonade, Inc. (LMND)

NYSE: LMND · IEX Real-Time Price · USD
18.30
+0.63 (3.57%)
Dec 1, 2023, 4:00 PM EST - Market closed
3.57%
Market Cap 1.28B
Revenue (ttm) 402.70M
Net Income (ttm) -258.20M
Shares Out 69.92M
EPS (ttm) -3.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,414,364
Open 16.90
Previous Close 17.67
Day's Range 16.61 - 18.31
52-Week Range 10.27 - 24.81
Beta 1.59
Analysts Hold
Price Target 19.39 (+5.96%)
Earnings Date Nov 1, 2023

About LMND

Lemonade, Inc. provides various insurance products in the United States and Europe. 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 t... [Read more]

Sector Financials
IPO Date Jul 2, 2020
Employees 1,367
Stock Exchange NYSE
Ticker Symbol LMND
Full Company Profile

Financial Performance

In 2022, Lemonade's revenue was $256.70 million, an increase of 99.92% compared to the previous year's $128.40 million. Losses were -$297.80 million, 23.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for LMND stock is "Hold." The 12-month stock price forecast is $19.39, which is an increase of 5.96% from the latest price.

Price Target
$19.39
(5.96% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Lemonade Names Deb Schwartz and Dr. Samer Haj-Yehia to its Board of Directors

NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND) (the “Company”), the digital insurance company powered by AI and social impact, announced it has named two new members to its Board of Directors, Deb S...

12 days ago - Business Wire

Lemonade Announces Filing of Form S-3 Shelf Registration Statement

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced that it has filed a shelf registration statement on Form S-3 (the “Shelf Registration”) with the Securities and Exchange Commissi...

24 days ago - Business Wire

10-Year Old Named National Youth Entrepreneur of the Year: Lemonade Day Kid Takes Part in National Campaign to Give $6 Million to Charity

HOUSTON--(BUSINESS WIRE)--10-Year Old Named National Youth Entrepreneur of the Year Lemonade Day Kid Takes Part in National Campaign to Give $6 Million to Charity.

24 days ago - Business Wire

Lemonade Surpasses 2 Million Active Customers

NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND) (the "Company"), the digital insurance company powered by AI and social impact, today announced the welcoming of its two millionth customer. The pace t...

25 days ago - Business Wire

Premiums creating 'real stress' in insurance: Lemonade CEO

Lemonade (LMND) has had a rollercoaster of a rise with share prices going from a record peak during the pandemic to now trading 75% below its opening price. The insurance company saw a surge of 170% i...

27 days ago - Yahoo Finance

Roku stock soars on ad rebound, Lemonade jumps on narrower loss and more moving stocks

Shares of Roku Inc. ROKU, +0.22% surged 20% after the smart TV manufacturer surpassed third-quarter revenue expectations and noted “a solid rebound in video ads.”

Other symbols: ROKU
4 weeks ago - Market Watch

Lemonade's stock rallies 9% after insurance company narrows quarterly loss

Shares of Lemonade Inc. LMND rose more than 9% in the extended session Wednesday after the mobile-based insurance company narrowed its quarterly loss and revenue topped expectations. Lemonade lost $61...

4 weeks ago - Market Watch

Lemonade Announces Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its third quarter 2023 financial results by posting them to its website. Please view the Q3 2023 financial results in the Letter to ...

4 weeks ago - Business Wire

Texas Original Celebrates Sixth Anniversary, Introduces Blueberry Lemonade Gummy

AUSTIN, Texas--(BUSINESS WIRE)--Texas Original announced the launch of its 30 mg Blueberry Lemonade gummy on the heels of the company's sixth anniversary.

4 weeks ago - Business Wire

No Time Machine Required to Grab These 2 Bargains

If you've ever wished that you could go back in time, then here are two stocks that saved you the trouble. Their prices are trading at levels not seen since the last six months up to a year ago.

Other symbols: UAA
6 weeks ago - MarketBeat

Lemonade To Announce Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced it will release its third quarter 2023 financial results on Wednesday, November 1, 2023 after market close. Lemonade will host a ...

7 weeks ago - Business Wire

Over $1.6 Million Raised in One Month for Alex's Lemonade Stand Foundation by Power Home Remodeling Employees

CHESTER, Pa.--(BUSINESS WIRE)--Power Home Remodeling (“Power”), the nation's largest, full-service exterior home remodeler, has raised a record $1.6 million in donations for Alex's Lemonade Stand Foun...

7 weeks ago - Business Wire

Kona Gold Beverage, Inc. Announces Sale of Ooh La Lemin Lemonade Brand

Company is shifting focus to distribution subsidiary to reach profitability MELBOURNE, Fla. , Oct. 4, 2023 /PRNewswire/ --  Kona Gold Beverage, Inc. (OTCPK: KGKG), a holding company focused on product...

Other symbols: KGKG
2 months ago - PRNewsWire

Lemonade stock sours after hours as better-than-expected results, outlook follow strong run

Lemonade Inc. shares fell in the extended session Wednesday after the mobile-based insurance company's results and outlook came in slightly above Wall Street expectations following a strong rally by t...

4 months ago - Market Watch

Lemonade Announces Second Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its second quarter 2023 financial results by posting them to its website. Please view the Q2 2023 financial results in the Letter to...

4 months ago - Business Wire

AdvoCare® Launches First of Its Kind Powdered Kombucha, AdvoCare Harmony™, in Pomegranate Lemonade Flavor

RICHARDSON, Texas--(BUSINESS WIRE)-- #AdvoCareHarmony--AdvoCare® Launches Powdered Kombucha, AdvoCare Harmony™, in Pomegranate Lemonade Flavor.

4 months ago - Business Wire

Lemonade To Announce Second Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced it will release its second quarter 2023 financial results on Wednesday, August 2, 2023 after market close. Lemonade will host a c...

5 months ago - Business Wire

Carbon Trade eXchange (CTX) Partners With Victoria Falls Carbon Registry & Exchange in Zimbabwe: ‘Making Lemonade out of Lemons'

LONDON--(BUSINESS WIRE)-- #africa--History was made in Victoria Falls Zimbabwe, on July 7th, 2023, the final day of the inaugural Africa Voluntary Carbon Credits Forum (AVCCM). Agreements were signed ...

5 months ago - Business Wire

Lemonade's 2023 Giveback Totals More Than $2 Million, Donating to 58 Charities Selected By Customers

NEW YORK--(BUSINESS WIRE)--Lemonade, (NYSE:LMND) the digital insurance company driven by AI and social impact, announced its 2023 Giveback, marking the seventh consecutive year of giving back to dozen...

5 months ago - Business Wire

AI-Powered Lemonade Squeezing Out Sweet Growth

Online Insurance platform Lemonade Inc. NYSE: LMND stock rose 22.7% year-to-date (YTD). Its artificial intelligence (AI) and machine learning (ML) powered platform can get users into insurance plans i...

5 months ago - MarketBeat

Lemonade Turns to Synthetic Agents to Finance Growth

NEW YORK--(BUSINESS WIRE)--Lemonade Turns to Synthetic Agents to Finance Growth: Powered by General Catalyst, program seeks to close cash-flow gap, unlock cash-friendly scaling.

5 months ago - Business Wire

Lemonade Announces Successful Renewal of Reinsurance Program

NEW YORK--(BUSINESS WIRE)--Lemonade announces successful renewal of reinsurance program, led by existing partners.

5 months ago - Business Wire

Insurance Leader Lemonade Selects the Talon Enterprise Browser

TEL AVIV, Israel--(BUSINESS WIRE)--Talon Cyber Security, the leader in enterprise browser technology, today announced that Lemonade, Inc. (NYSE: LMND) has chosen the Talon Enterprise Browser to more e...

6 months ago - Business Wire

PacWest slump tanks banks but investors are thirsty for Lemonade, and other big movers premarket

Lemonade Inc.'s stock LMND, +1.65% surged 13% in the premarket Thursday after the online insurance provider's results and outlook, delivered after-hours on Wednesday, came in better than expected.

7 months ago - Market Watch

Lemonade Expects Generative AI to Improve Business Processes and Profits

Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes.

7 months ago - PYMNTS