Lemonade Inc (NYSE: LMND): A Good Investment At Current Prices?

Lemonade Inc (NYSE:LMND)’s traded shares stood at 8.01 million during the last session, with the company’s beta value hitting 2.15. At the close of trading, the stock’s price was $31.48, to imply a decrease of -1.59% or -$0.51 in intraday trading. The LMND share’s 52-week high remains $53.85, putting it -71.06% down since that peak but still an impressive 55.43% since price per share fell to its 52-week low of $14.03.

Analysts have given a consensus recommendation of Buy for Lemonade Inc (LMND), translating to a mean rating of 3.67. 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.

Lemonade Inc (NYSE:LMND) trade information

After registering a -1.59% downside in the last session, Lemonade Inc (LMND) has traded red over the past five days. The 5-day price performance for the stock is -13.85%, and -0.63% over 30 days. With these gigs, the year-to-date price performance is -14.18%.

The extremes give us $20 and $60 for target low and target high price respectively. As such, LMND has been trading -90.6% off suggested target high and 36.47% from its likely low.

Lemonade Inc (LMND) estimates and forecasts

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 2025 is set for a 0.46% return in earnings, projections for the next 5 years are at 30.72% annually.

LMND Dividends

Lemonade Inc has its next earnings report out in March. 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

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.