In today’s recent session, 1.07 million shares of the Lemonade Inc (NYSE:LMND) have been traded, and its beta is 1.85. Most recently the company’s share price was $23.02, and it changed around $0.48 or 2.13% from the last close, which brings the market valuation of the company to $1.62B. LMND at last check was trading at a discount to its 52-week high of $24.81, offering almost -7.78% off that amount. The share price’s 52-week low was $10.27, which indicates that the recent value has risen by an impressive 55.39% since then. We note from Lemonade Inc’s average daily trading volume that its 3-month average coming to 1.50 million.
Lemonade Inc stock received a consensus recommendation rating of Underweight, based on a mean score of 3.55. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended LMND as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight.
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Lemonade Inc (NYSE:LMND) trade information
Instantly LMND has been showing a green trend so far today with a performance of 2.13% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 42.72% year-to-date, but still up 25.18% over the last five days. On the other hand, Lemonade Inc (NYSE:LMND) is 60.08% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $17.5, which translates to bulls needing to decrease their stock price by -31.54% from its current value. Analyst projections state that LMND is forecast to be at a low of $16 and a high of $19.
Lemonade Inc (LMND) estimates and forecasts
Lemonade Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 45.24 percent over the past six months and at a 13.53% annual growth rate that is well above the industry average of 10.30%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -29.47%. Lemonade Inc earnings are expected to increase by 11.75% in 2024, but the outlook is positive 19.50% per year for the next five years.
LMND Dividends
Lemonade Inc’s next quarterly earnings report is expected to be released in August.