Lemonade, Inc. (LMND)

NYSE: LMND · IEX Real-Time Price · USD
16.41
+0.12 (0.74%)
At close: Mar 28, 2024, 4:00 PM
16.47
+0.06 (0.37%)
After-hours: Mar 28, 2024, 7:59 PM EDT
0.74%
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]

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 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.

Price Target
$19.83
(20.84% upside)
Analyst Consensus: Hold
Stock Forecasts

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.

Other symbols: ALLHIGPGRTRV
14 days ago - CNBC Television

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...

4 weeks ago - Yahoo Finance

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...

4 weeks ago - Market Watch

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...

4 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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 ...

2 months ago - Business Wire

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.

Other symbols: AIBYNDUPST
3 months ago - Invezz

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...

3 months ago - PYMNTS

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...

4 months 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...

5 months 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.

5 months 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...

5 months 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...

5 months 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
5 months 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...

5 months 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 ...

5 months 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.

5 months ago - Business Wire

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 ...

6 months 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...

6 months 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
6 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...

8 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...

8 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.

9 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...

9 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 ...

9 months ago - Business Wire