Lemonade Inc (NYSE:LMND)’s traded shares stood at 2.76 million during the last session, with the company’s beta value hitting 1.75. At the close of trading, the stock’s price was $33.30, to imply an increase of 5.01% or $1.59 in intraday trading. The LMND share’s 52-week high remains $34.95, putting it -4.95% down since that peak but still an impressive 57.87% since price per share fell to its 52-week low of $14.03. The company has a valuation of $2.38B, with an average of 2.81 million shares in intraday trading volume over the past 10 days and average of 1.53 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Lemonade Inc (LMND), translating to a mean rating of 3.73. Of 2 analyst(s) looking at the stock, 0 analyst(s) give LMND a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.62.

Lemonade Inc (NYSE:LMND) trade information

After registering a 5.01% upside in the last session, Lemonade Inc (LMND) has traded red over the past five days. The 5-day price performance for the stock is 17.09%, and 75.08% over 30 days. With these gigs, the year-to-date price performance is 106.45%. Short interest in Lemonade Inc (NYSE:LMND) saw shorts transact 15.65 million shares and set a 9.95 days time to cover.

The extremes give us $16 and $19 for target low and target high price respectively. As such, LMND has been trading 42.94% off suggested target high and 51.95% from its likely low.

Lemonade Inc (LMND) estimates and forecasts

Looking at statistics comparing Lemonade Inc share performance against respective industry, we note that the company has underperformed competitors. Lemonade Inc (LMND) shares are 85.31% up over the last 6 months, with its year-to-date growth rate lower than industry average at 10.29% against 11.00%. Revenue is forecast to grow 7.76% this quarter before jumping 3.22% for the next one. The rating firms project that company’s revenue will grow 21.68% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 144.97M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 156.18M.Earnings reports from the last fiscal year show that sales brought in 115.5M and 119.1M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 25.51% before jumping 31.13% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -29.47% for the past 5-year period. While 2024 is set for a 10.96% return in earnings, projections for the next 5 years are at 19.50% annually.

LMND Dividends

Lemonade Inc has its next earnings report out on 2025-Feb-25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Lemonade Inc (NYSE:LMND)’s Major holders

Lemonade Inc insiders hold 27.52% of total outstanding shares, with institutional holders owning 41.29% of the shares at 56.98% float percentage. In total, 41.29% institutions holds shares in the company, led by SOFTBANK GROUP CORP.. As of 2024-06-30, the company held over 11.98 million shares (or 17.0498% of shares), all amounting to roughly $197.73 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 5.32 million shares, or about 7.564% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $87.72 million.