American Integrity Insurance Group, Inc. (NYSE:AII) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts have given American Integrity Insurance Group, Inc. (NYSE:AII) a consensus rating of “Moderate Buy”, with seven out of eight ratings recommending a buy.
• The average target price for AII shares is $22.00, reflecting the positive outlook from various brokerages.
• American Integrity reported earnings of $1.84 EPS for the last quarter, beating estimates by $0.15.

American Integrity Insurance Group, Inc. (NYSE:AII - Get Free Report) has received an average rating of "Moderate Buy" from the eight research firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $22.00.

A number of equities research analysts have commented on AII shares. Piper Sandler reissued an "overweight" rating on shares of American Integrity Insurance Group in a research report on Thursday, August 14th. JMP Securities set a $23.00 price target on shares of American Integrity Insurance Group and gave the company an "outperform" rating in a report on Monday, June 2nd. Citigroup assumed coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They issued an "outperform" rating on the stock. Oppenheimer began coverage on shares of American Integrity Insurance Group in a report on Monday, June 2nd. They issued a "market perform" rating on the stock. Finally, William Blair assumed coverage on shares of American Integrity Insurance Group in a research note on Friday, June 6th. They set an "outperform" rating on the stock.

American Integrity Insurance Group Trading Down 0.4%

AII traded down $0.09 on Wednesday, reaching $19.96. 58,020 shares of the company's stock were exchanged, compared to its average volume of 83,653. The business has a fifty day moving average price of $18.44. American Integrity Insurance Group has a twelve month low of $15.77 and a twelve month high of $20.61.

American Integrity Insurance Group (NYSE:AII - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.69 by $0.15.

Hedge Funds Weigh In On American Integrity Insurance Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC bought a new position in shares of American Integrity Insurance Group in the second quarter valued at approximately $45,000. Raymond James Financial Inc. acquired a new position in American Integrity Insurance Group during the 2nd quarter worth about $101,000. XTX Topco Ltd acquired a new position in American Integrity Insurance Group during the 2nd quarter worth about $192,000. Engineers Gate Manager LP bought a new stake in American Integrity Insurance Group during the 2nd quarter worth about $248,000. Finally, Oxford Asset Management LLP bought a new stake in American Integrity Insurance Group during the 2nd quarter worth approximately $273,000.

American Integrity Insurance Group Company Profile

We are a profitable and growing insurance group headquartered in Tampa, Florida. Through our insurance carrier subsidiary, American Integrity Insurance Company of Florida, Inc (“AIICFL”), we provide personal residential property insurance for single-family homeowners and condominium owners as well as coverage for vacant dwellings and investment properties, predominantly in Florida.