Symbols / LMND Stock $56.66 +0.04% Lemonade, Inc.

Financial Services • Insurance - Property & Casualty • United States • NYQ
LMND (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Financial Services
Industry Insurance - Property & Casualty
CEO Mr. Daniel Asher Schreiber
Exch · Country NYQ · United States
Market Cap 4.35B
Enterprise Value 4.12B
Income -138.90M
Sales 844.70M
FCF (ttm) 19.90M
Book/sh 7.03
Cash/sh 5.29
Employees 1,291
Insider 10d
IPO Jul 02, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E
Forward P/E -157.39
PEG
P/S 5.15
P/B 8.06
P/C
EV/EBITDA -42.74
EV/Sales 4.88
Quick Ratio 1.04
Current Ratio 1.37
Debt/Eq 34.67
LT Debt/Eq
EPS (ttm) -1.85
EPS next Y -0.36
EPS Growth
Revenue Growth 70.60%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-04-29
Earnings (prior) 2026-04-29
ROA -3.60%
ROE -26.12%
ROIC
Gross Margin 53.25%
Oper. Margin -13.41%
Profit Margin -16.44%
Shs Outstand 76.82M
Shs Float 71.12M
Insider Own 10.04%
Instit Own 59.41%
Short Float 15.53%
Short Ratio 5.52
Short Interest 10.90M
52W High 99.90
vs 52W High -43.28%
52W Low 28.71
vs 52W Low 97.35%
Beta 2.04
Impl. Vol. 72.36%
Rel Volume 0.94
Avg Volume 2.38M
Volume 2.23M
Target (mean) $60.89
Tgt Median $62.00
Tgt Low $33.00
Tgt High $92.00
# Analysts 9
Recom Hold
Prev Close $56.64
Price $56.66
Change 0.04%
About

Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products. It also offers insurance for stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$56.66
Low
$33.00
High
$92.00
Mean
$60.89

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-30 main Piper Sandler Neutral → Neutral $62
2026-04-30 main Citizens Market Outperform → Market Outperform $80
2026-04-30 main Truist Securities Buy → Buy $70
2026-03-17 up Morgan Stanley Equal-Weight → Overweight $85
2026-02-24 main Keefe, Bruyette & Woods Underperform → Underperform $44
2026-01-14 main Cantor Fitzgerald Overweight → Overweight $92
2026-01-06 init Truist Securities — → Buy $98
2025-11-25 main Keefe, Bruyette & Woods Underperform → Underperform $40
2025-11-24 main Citizens Market Outperform → Market Outperform $80
2025-11-17 main Morgan Stanley Underweight → Underweight $53
2025-11-10 main Morgan Stanley Underweight → Underweight $49
2025-10-10 main Piper Sandler Neutral → Neutral $55
2025-10-07 main Morgan Stanley Underweight → Underweight $45
2025-09-17 main Piper Sandler Neutral → Neutral $60
2025-08-18 main BMO Capital Underperform → Underperform $42
2025-07-14 main Morgan Stanley Underweight → Underweight $26
2025-07-02 main BMO Capital Underperform → Underperform $23
2025-07-01 reit Keefe, Bruyette & Woods Underperform → Underperform $26
2025-04-22 main Keefe, Bruyette & Woods Underperform → Underperform $22
2025-04-08 down Morgan Stanley Equal-Weight → Underweight $24
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-18 SCHREIBER DANIEL A Chief Executive Officer 1,000,000 $0.00 $0
2026-03-18 WININGER SHAI President 1,000,000 $0.00 $0
2026-03-10 ANGELIDIS SMITH MARIA Director 8,740 $55.30 $485,478
2026-03-10 ANGELIDIS SMITH MARIA Director 8,740 $55.30 $485,478
2026-03-06 ECKSTEIN ADINA Chief Operating Officer 145,112 $0.00 $0
2026-03-06 PROSOR MAYA Officer 181,389 $0.00 $0
2026-03-04 PETERS JOHN SHELDON Officer 5,344 $50.12 $276,340
2026-03-03 BIXBY TIMOTHY E Chief Financial Officer 2,135 $50.12 $107,006
2026-03-03 PROSOR MAYA Officer 223 $50.12 $11,177
2026-02-12 PETERS JOHN SHELDON Officer 11,845 $11.61 $137,520
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
737.90
+40.15%
526.50
+22.50%
429.80
+67.43%
256.70
Operating Revenue
737.90
+40.15%
526.50
+22.50%
429.80
+67.43%
256.70
Selling General And Administration
364.20
+25.24%
290.80
+25.78%
231.20
-11.28%
260.60
Selling And Marketing Expense
224.40
+34.94%
166.30
+63.20%
101.90
-26.32%
138.30
General And Administrative Expense
139.80
+12.29%
124.50
-3.71%
129.30
+5.72%
122.30
Other Gand A
139.80
+12.29%
124.50
-3.71%
129.30
+5.72%
122.30
Other Operating Expenses
93.90
+9.44%
85.80
-3.38%
88.80
+11.56%
79.60
Total Expenses
898.80
+23.06%
730.40
+10.73%
659.60
+19.60%
551.50
Reconciled Depreciation
15.20
-24.00%
20.00
+0.00%
20.00
+63.93%
12.20
Net Income
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Pretax Income
-160.90
+21.09%
-203.90
+11.27%
-229.80
+22.05%
-294.80
Interest Income
8.20
-1.20%
8.30
+97.62%
4.20
+250.00%
1.20
Tax Provision
4.60
+370.59%
-1.70
-123.94%
7.10
+136.67%
3.00
Tax Rate For Calcs
0.00
+2525.00%
0.00
-96.19%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Net Income From Continuing Operation Net Minority Interest
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Net Income From Continuing And Discontinued Operation
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Net Income Continuous Operations
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Normalized Income
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Net Income Common Stockholders
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Diluted EPS
-2.24
+21.40%
-2.85
+16.18%
-3.40
+25.93%
-4.59
Basic EPS
-2.24
+21.40%
-2.85
+16.18%
-3.40
+25.93%
-4.59
Basic Average Shares
73.94
+4.11%
71.02
+1.96%
69.66
+7.30%
64.92
Diluted Average Shares
73.94
+4.11%
71.02
+1.96%
69.66
+7.30%
64.92
Diluted NI Availto Com Stockholders
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Loss Adjustment Expense
408.60
+26.38%
323.30
-4.80%
339.60
+60.72%
211.30
Net Policyholder Benefits And Claims
408.60
+26.38%
323.30
-4.80%
339.60
+60.72%
211.30
Policyholder Benefits Ceded
325.00
-0.91%
328.00
+13.49%
289.00
+5.59%
273.70
Policyholder Benefits Gross
733.60
+12.64%
651.30
+3.61%
628.60
+29.61%
485.00
Line Item Trend 2023-12-31
Total Assets
1,633.30
Cash Cash Equivalents And Short Term Investments
937.70
Cash And Cash Equivalents
264.50
Other Short Term Investments
673.20
Receivables
383.00
Accounts Receivable
360.40
Other Receivables
21.10
Taxes Receivable
1.50
Prepaid Assets
208.30
Net PPE
34.80
Goodwill And Other Intangible Assets
41.90
Goodwill
19.00
Other Intangible Assets
22.90
Investments And Advances
673.20
Total Liabilities Net Minority Interest
924.40
Payables And Accrued Expenses
83.30
Payables
72.10
Accounts Payable
24.60
Other Payable
27.10
Current Accrued Expenses
11.20
Employee Benefits
8.40
Total Tax Payable
20.40
Income Tax Payable
20.40
Long Term Debt And Capital Lease Obligation
43.10
Long Term Debt
14.90
Long Term Capital Lease Obligation
28.20
Non Current Deferred Liabilities
41.40
Non Current Deferred Revenue
41.40
Stockholders Equity
708.90
Common Stock Equity
708.90
Capital Stock
0.00
Common Stock
0.00
Share Issued
70.16
Ordinary Shares Number
70.16
Treasury Shares Number
0.00
Additional Paid In Capital
1,814.50
Retained Earnings
-1,096.60
Gains Losses Not Affecting Retained Earnings
-9.00
Other Equity Adjustments
-9.00
Total Equity Gross Minority Interest
708.90
Total Capitalization
723.80
Invested Capital
723.80
Total Debt
43.10
Capital Lease Obligations
28.20
Net Tangible Assets
667.00
Tangible Book Value
667.00
Derivative Product Liabilities
0.00
Interest Payable
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-16.50
-44.74%
-11.40
+90.43%
-119.10
+26.93%
-163.00
Cash Flow From Continuing Operating Activities
-16.50
-44.74%
-11.40
+90.43%
-119.10
+26.80%
-162.70
Net Income From Continuing Operations
-165.50
+18.15%
-202.20
+14.65%
-236.90
+20.45%
-297.80
Depreciation
10.70
Amortization Cash Flow
9.30
Depreciation And Amortization
15.20
-24.00%
20.00
+0.00%
20.00
+63.93%
12.20
Amortization Of Intangibles
9.30
Other Non Cash Items
19.80
+80.00%
11.00
+35.80%
8.10
-6.90%
8.70
Stock Based Compensation
61.30
-4.96%
64.50
+7.68%
59.90
+1.01%
59.30
Asset Impairment Charge
0.00
-100.00%
0.30
-91.89%
3.70
0.00
Unrealized Gain Loss On Investment Securities
0.00
Change In Working Capital
58.50
-42.14%
101.10
+252.26%
28.70
-40.08%
47.90
Change In Receivables
-106.20
+13.09%
-122.20
-280.69%
-32.10
+66.70%
-96.40
Changes In Account Receivables
-106.20
+13.09%
-122.20
-280.69%
-32.10
+66.70%
-96.40
Change In Prepaid Assets
105.70
+284.47%
-57.30
-80.19%
-31.80
-113.42%
-14.90
Change In Payables And Accrued Expense
-3.90
-186.67%
4.50
+4.65%
4.30
+132.82%
-13.10
Change In Payable
-3.90
-186.67%
4.50
+4.65%
4.30
+132.82%
-13.10
Change In Account Payable
-3.90
-186.67%
4.50
+4.65%
4.30
+132.82%
-13.10
Change In Other Working Capital
-27.40
-213.22%
24.20
+1323.53%
1.70
-46.88%
3.20
Change In Other Current Assets
-8.20
-138.68%
21.20
+138.20%
8.90
+227.14%
-7.00
Change In Other Current Liabilities
21.50
+246.77%
6.20
-58.67%
15.00
+206.12%
4.90
Investing Cash Flow
-89.10
-319.46%
40.60
-54.23%
88.70
-51.02%
181.10
Cash Flow From Continuing Investing Activities
-89.10
-319.46%
40.60
-54.23%
88.70
-51.02%
181.10
Net PPE Purchase And Sale
-9.40
+0.00%
-9.40
-2.17%
-9.20
+8.91%
-10.10
Purchase Of PPE
-9.40
+0.00%
-9.40
-2.17%
-9.20
+8.91%
-10.10
Capital Expenditure
-9.40
+0.00%
-9.40
-2.17%
-9.20
+8.91%
-10.10
Net Investment Purchase And Sale
-79.70
-259.40%
50.00
-48.93%
97.90
+5.95%
92.40
Purchase Of Investment
-504.40
-38.65%
-363.80
+7.95%
-395.20
-46.32%
-270.10
Sale Of Investment
424.70
+2.63%
413.80
-16.08%
493.10
+36.03%
362.50
Net Business Purchase And Sale
0.00
0.00
-100.00%
98.80
Net Intangibles Purchase And Sale
Purchase Of Intangibles
Financing Cash Flow
106.60
+21.55%
87.70
+469.48%
15.40
+327.78%
3.60
Cash Flow From Continuing Financing Activities
106.60
+21.55%
87.70
+469.48%
15.40
+327.78%
3.60
Net Issuance Payments Of Debt
74.70
+9.21%
68.40
+359.06%
14.90
0.00
Issuance Of Debt
133.00
+38.40%
96.10
+403.14%
19.10
0.00
Repayment Of Debt
-58.30
-110.47%
-27.70
-559.52%
-4.20
0.00
Long Term Debt Issuance
133.00
+38.40%
96.10
+403.14%
19.10
0.00
Long Term Debt Payments
-58.30
-110.47%
-27.70
-559.52%
-4.20
0.00
Net Long Term Debt Issuance
74.70
+9.21%
68.40
+359.06%
14.90
Net Common Stock Issuance
0.00
0.00
Proceeds From Stock Option Exercised
31.90
+65.28%
19.30
+3760.00%
0.50
-86.11%
3.60
Changes In Cash
1.00
-99.14%
116.90
+879.33%
-15.00
-169.12%
21.70
Effect Of Exchange Rate Changes
10.10
+474.07%
-2.70
0.00
+100.00%
-5.80
Beginning Cash Position
385.70
+42.06%
271.50
-5.24%
286.50
+5.88%
270.60
End Cash Position
396.80
+2.88%
385.70
+42.06%
271.50
-5.24%
286.50
Free Cash Flow
-25.90
-24.52%
-20.80
+83.79%
-128.30
+25.88%
-173.10
Interest Paid Supplemental Data
16.30
+226.00%
5.00
+1566.67%
0.30
0.00
Income Tax Paid Supplemental Data
2.50
+0.00%
2.50
+257.14%
0.70
-79.41%
3.40
Amortization Of Securities
-5.80
+4.92%
-6.10
-134.62%
-2.60
-138.81%
6.70
Common Stock Issuance
0.00
0.00
Issuance Of Capital Stock
0.00
0.00
Net Preferred Stock Issuance
Preferred Stock Issuance
Sale Of Business
0.00
0.00
-100.00%
98.80
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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