In the latest trading session, 1.03 million Lemonade Inc (NYSE:LMND) shares changed hands as the company’s beta touched 1.80. With the company’s most recent per share price at $33.52 changed hands at -$0.72 or -2.10% at last look, the market valuation stands at $2.39B. LMND’s current price is a discount, trading about -4.27% off its 52-week high of $34.95. The share price had its 52-week low at $13.72, which suggests the last value was 59.07% up since then. When we look at Lemonade Inc’s average trading volume, we note the 10-day average is 3.52 million shares, with the 3-month average coming to 1.50 million.

Analysts gave the Lemonade Inc (LMND) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.73. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended LMND as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Lemonade Inc’s EPS for the current quarter is expected to be -0.61.

Lemonade Inc (NYSE:LMND) trade information

Instantly LMND was in red as seen in intraday trades today. With action 33.81%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 107.81%, with the 5-day performance at 33.81% in the green. However, in the 30-day time frame, Lemonade Inc (NYSE:LMND) is 91.11% up. Looking at the short shares, we see there were 16.01 million shares sold at short interest cover period of 12.5 days.

The consensus price target for the stock as assigned by Wall Street analysts is 17.5, meaning bulls need a downside of -91.54% from its recent market value. According to analyst projections, LMND’s forecast low is 16 with 19 as the target high. To hit the forecast high, the stock’s price needs a 43.32% surge from its current level, while the stock would need to tank 52.27% for it to hit the projected low.

Lemonade Inc (LMND) estimates and forecasts

Data shows that the Lemonade Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 77.17% over the past 6 months, a 10.29% in annual growth rate that is considerably lower than the industry average of 11.60%. Year-over-year growth is forecast to reach 21.70% up from the last financial year.

Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 145.07M. 6 analysts are of the opinion that Lemonade Inc’s revenue for the current quarter will be 154.53M. The company’s revenue for the corresponding quarters a year ago was 115.5M and 119.1M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 25.60%. The estimates for the next quarter sales put growth at 29.70%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -29.47%. The 2024 estimates are for Lemonade Inc earnings to increase by 10.96%, but the outlook for the next 5-year period is at 19.50% per year.

LMND Dividends

Lemonade Inc is expected to release its next quarterly earnings report on 2025-Feb-25.

Lemonade Inc (NYSE:LMND)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 27.52% of Lemonade Inc shares while 41.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 57.80%. There are 41.90% institutions holding the Lemonade Inc stock share, with SOFTBANK GROUP CORP. the top institutional holder. As of 2024-06-30, the company held 17.0498% of the shares, roughly 11.98 million LMND shares worth $197.73 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.564% or 5.32 million shares worth $87.72 million as of 2024-06-30.