Lemonade Inc (NYSE:LMND) has a beta value of 2.14 and has seen 1.69 million shares traded in the recent trading session. The company, currently valued at $3.38B, closed the recent trade at $2069999.9999999998 per share which meant it gained $2069955.69 on the day or 1688018% during that session. The LMND stock price is 100.0% off its 52-week high price of $53.85 and 100.0% above the 52-week low of $14.90. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.13 million shares traded. The 3-month trading volume is 2.07 million shares.
The consensus among analysts is that Lemonade Inc (LMND) is Buy stock at the moment, with a recommendation rating of 3.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Lemonade Inc (NYSE:LMND) trade information
Over the past 30 days, the shares of Lemonade Inc (NYSE:LMND) have changed 58.40%. Short interest in the company has seen 16.72 million shares shorted with days to cover at 8.76.
Wall Street analysts have a consensus price target for the stock at $31, which means that the shares’ value could drop -6677319.35% from the levels at last check today.. The projected low price target is $19.0 while the price target rests at a high of $60.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Lemonade Inc (LMND) estimates and forecasts
The company’s shares have gained 7.16% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.22% over the past 5 years. Earnings growth for 2025 is a modest 1.00% while over the next 5 years, the company’s earnings are expected to increase by 26.45%.
LMND Dividends
Lemonade Inc is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Lemonade Inc (NYSE:LMND)’s Major holders
Insiders own 24.66% of the company shares, while shares held by institutions stand at 55.94% with a share float percentage of 74.24%. Investors are also buoyed by the number of investors in a company, with Lemonade Inc having a total of 345.0 institutions that hold shares in the company. The top two institutional holders are SOFTBANK GROUP CORP. with over 11.98 million shares worth more than $197.73 million. As of 2024-06-30, SOFTBANK GROUP CORP. held 16.9445% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 5.32 million shares as of 2024-06-30. The firm’s total holdings are worth over $87.72 million and represent 7.5173% of shares outstanding.
