Lemonade, Inc. (LMND)
Market Cap | 1.18B |
Revenue (ttm) | 429.80M |
Net Income (ttm) | -236.90M |
Shares Out | 70.22M |
EPS (ttm) | -3.40 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 919,443 |
Open | 16.27 |
Previous Close | 16.29 |
Day's Range | 16.27 - 16.77 |
52-Week Range | 10.27 - 24.81 |
Beta | 1.90 |
Analysts | Hold |
Price Target | 19.83 (+20.84%) |
Earnings Date | Feb 22, 2023 |
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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for LMND stock is "Hold." The 12-month stock price forecast is $19.83, which is an increase of 20.84% from the latest price.
News
TD Cowen's Andrew Kligerman breaks down why drivers are seeing skyrocketing car insurance rates
Andrew Kligerman, TD Cowen managing director, joins 'Power Lunch' to discuss the increase in auto insurance and how it's impacted consumers.
Lemonade CEO discusses 'extraordinary challenges' facing the insurance companies
Shares of Lemonade (LMND) are dropping sharply as the company, in a letter to shareholders, outlined a potential drop in profits after “extraordinary challenges” in 2023. The company plans to double i...
Lemonade warns that increased spending will hurt its near-term profit
Lemonade Inc., a tech-powered insurance provider, said Tuesday it would spend more on growth this year, a move it said would hurt profits in the months ahead following a year of “extraordinary challen...
Lemonade Announces Fourth Quarter and Full Year 2023 Financial Results
NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its fourth quarter and full year 2023 financial results by posting them to its website. Please view the Q4 2023 financial results in...
Lemonade To Announce Fourth Quarter 2023 Financial Results
NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced it will release its fourth quarter 2023 financial results on Tuesday, February 27, 2024 after market close. Lemonade will host a ...
Lemonade Announces Extension of CAC Financing Agreement with General Catalyst
NEW YORK--(BUSINESS WIRE)--Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the extension and expansion of its financing relationship with General ...
Most shorted US stocks in 2024: FSR, UPST, BYND, LMND, AI
American stocks had a great performance in 2023 as the Nasdaq 100 index jumped by more than 55%. The blue-chip S&P 500 index rose by over 22%, making it one of its best years in a long time.
Lemonade Co-CEOs to Resume Previous Positions, Seeking Clarity of Structure
The co-CEOs of digital insurance company Lemonade will return to their previously held positions on Jan. 1. Shai Wininger will return to the position of president, while Daniel Schreiber will again be...
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...
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...
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.
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...
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...
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.”
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...
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 ...
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.
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 ...
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...
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...
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...
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...
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.
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...
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 ...