FY2027 EPS Estimates for Lemonade Lifted by DOWLING & PARTN

Lemonade, Inc. (NYSE:LMND) – Equities research analysts at DOWLING & PARTN upped their FY2027 earnings per share (EPS) estimates for Lemonade in a note issued to investors on Tuesday, July 7th. DOWLING & PARTN analyst J. Collins now anticipates that the company will post earnings per share of ($0.70) for the year, up from their previous forecast of ($1.00). The consensus estimate for Lemonade’s current full-year earnings is ($1.71) per share.

Several other analysts have also weighed in on the stock. UBS Group set a $75.00 price objective on shares of Lemonade in a research note on Thursday, May 21st. Keefe, Bruyette & Woods raised their price target on shares of Lemonade from $44.00 to $48.00 and gave the stock an “underperform” rating in a report on Wednesday. Morgan Stanley reaffirmed an “equal weight” rating and issued a $75.00 price target on shares of Lemonade in a research note on Wednesday. Citizens Jmp dropped their price objective on shares of Lemonade from $85.00 to $80.00 and set a “market outperform” rating on the stock in a report on Thursday, April 30th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Lemonade in a research report on Tuesday, May 26th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $65.33.

Lemonade Stock Performance

Lemonade stock opened at $70.26 on Friday. The stock has a market capitalization of $5.40 billion, a price-to-earnings ratio of -37.57 and a beta of 1.79. Lemonade has a 52-week low of $35.70 and a 52-week high of $99.90. The stock’s 50 day moving average price is $58.73 and its two-hundred day moving average price is $65.09.

Lemonade (NYSE:LMND) last issued its earnings results on Tuesday, April 28th. The company reported ($0.47) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.58) by $0.11. Lemonade had a negative return on equity of 26.52% and a negative net margin of 16.44%.The business had revenue of $258.00 million during the quarter, compared to the consensus estimate of $251.51 million. During the same period in the previous year, the company posted ($0.86) earnings per share. The firm’s revenue for the quarter was up 70.6% on a year-over-year basis.

Insider Buying and Selling

In related news, insider John Sheldon Peters sold 3,608 shares of Lemonade stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $52.94, for a total value of $191,007.52. Following the completion of the sale, the insider owned 81,386 shares of the company’s stock, valued at approximately $4,308,574.84. This trade represents a 4.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Maya Prosor sold 1,220 shares of Lemonade stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $53.17, for a total transaction of $64,867.40. Following the completion of the sale, the insider directly owned 187,573 shares of the company’s stock, valued at approximately $9,973,256.41. The trade was a 0.65% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 10,007 shares of company stock worth $620,201 over the last ninety days. 14.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its holdings in shares of Lemonade by 8,080.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 409 shares of the company’s stock valued at $29,000 after buying an additional 404 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Lemonade in the 4th quarter worth about $33,000. Torren Management LLC acquired a new stake in shares of Lemonade in the 4th quarter worth about $35,000. Strive Financial Group LLC acquired a new stake in shares of Lemonade in the 4th quarter worth about $38,000. Finally, Strategic Advocates LLC bought a new position in Lemonade in the 3rd quarter valued at about $33,000. 80.30% of the stock is owned by institutional investors.

Key Stories Impacting Lemonade

Here are the key news stories impacting Lemonade this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target on Lemonade to $48, which signals some improved confidence in the company’s outlook even though the firm kept an underperform rating. Lemonade Price Target Raised to $48.00 at Keefe, Bruyette & Woods
• Positive Sentiment: Morgan Stanley reaffirmed its equal weight rating and maintained a $75 price target, suggesting the stock still has some upside potential from current levels. Lemonade Receives Equal Weight Rating from Morgan Stanley
• Positive Sentiment: Lemonade’s recent earnings results showed revenue growth of 70.6% year over year and an EPS beat versus expectations, reinforcing the company’s top-line momentum. Lemonade Stock Performance and Earnings
• Neutral Sentiment: Analysts continue to be split on the name, with a consensus rating of Hold and a consensus target near $65.33, reflecting uncertainty after the stock’s strong run. Lemonade Analyst Ratings
• Negative Sentiment: Insider John Sheldon Peters sold 3,444 shares, adding to recent insider selling and potentially weighing on investor sentiment. Lemonade Insider Sale
• Negative Sentiment: Commentary from The Motley Fool said the stock is no longer a buy after its sharp rally, arguing that the recent move has left Lemonade looking more fairly valued than undervalued. Why Lemonade Stock Wilted by Almost 9% on Wednesday

About Lemonade

Lemonade, Inc (NYSE: LMND) is a New York–based technology-driven insurance carrier that leverages artificial intelligence and behavioral economics to streamline the purchase and management of policies. Founded in 2015, the company offers renters, homeowners, pet, term life and car insurance products tailored for digitally savvy consumers. By automating underwriting and claims processing through chatbots and machine learning, Lemonade aims to deliver a more transparent and user-friendly experience than traditional insurers.

The company’s product suite includes standalone policies for renters and homeowners, customizable pet insurance plans, and term life coverage with simple online applications.