In last trading session, Lemonade Inc (NYSE:LMND) saw 1.01 million shares changing hands with its beta currently measuring 2.13. Company’s recent per share price level of $31.99 trading at $0.39 or 1.23% at ring of the bell on the day assigns it a market valuation of $2.33B. That closing price of LMND’s stock is at a discount of -68.33% from its 52-week high price of $53.85 and is indicating a premium of 56.14% from its 52-week low price of $14.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.58 million shares which gives us an average trading volume of 2.19 million if we extend that period to 3-months.
For Lemonade Inc (LMND), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.55. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Lemonade Inc (NYSE:LMND) trade information
Upright in the green during last session for gaining 1.23%, in the last five days LMND remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $31.99 price level, adding 7.81% to its value on the day. Lemonade Inc’s shares saw a change of -12.79% in year-to-date performance and have moved -6.68% in past 5-day. Lemonade Inc (NYSE:LMND) showed a performance of -14.26% in past 30-days. Number of shares sold short was 16.17 million shares which calculate 5.32 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 42 to the stock, which implies a rise of 23.83% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 60. It follows that stock’s current price would jump 37.48% in reaching the projected high whereas dropping to the targeted low would mean a gain of 37.48% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -8.22% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 1.38% while estimates for its earnings growth in next 5 years are of 28.58%.
Lemonade Inc (NYSE:LMND)’s Major holders
Insiders are in possession of 25.15% of company’s total shares while institution are holding 46.08 percent of that, with stock having share float percentage of 61.57%. Investors also watch the number of corporate investors in a company very closely, which is 46.08% institutions for Lemonade Inc that are currently holding shares of the company. SOFTBANK GROUP CORP. is the top institutional holder at LMND for having 11.98 million shares of worth $197.73 million. And as of 2024-06-30, it was holding 16.9445 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.564 of outstanding shares, having a total worth of $87.72 million.
