American Integrity Insurance Group, Inc. (NYSE:AII) Receives $22.00 Consensus Price Target from Brokerages

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 been given a consensus recommendation of "Moderate Buy" by the eight analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $22.00.

Several equities analysts recently commented on the stock. Citizens Jmp began coverage on shares of American Integrity Insurance Group in a research note on Monday, June 2nd. They set an "outperform" rating and a $23.00 price objective for the company. Piper Sandler restated an "overweight" rating on shares of American Integrity Insurance Group in a research note on Thursday, August 14th. JMP Securities set a $23.00 price objective on shares of American Integrity Insurance Group and gave the stock an "outperform" rating in a research note on Monday, June 2nd. Wall Street Zen raised shares of American Integrity Insurance Group to a "hold" rating in a research note on Thursday, May 22nd. Finally, Keefe, Bruyette & Woods assumed coverage on shares of American Integrity Insurance Group in a report on Monday, June 2nd. They issued an "outperform" rating on the stock.

Institutional Trading of American Integrity Insurance Group

Institutional investors have recently bought and sold shares of the company. FNY Investment Advisers LLC purchased a new position in shares of American Integrity Insurance Group in the 2nd quarter worth about $45,000. Raymond James Financial Inc. bought a new stake in American Integrity Insurance Group during the 2nd quarter valued at $101,000. XTX Topco Ltd acquired a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $192,000. Engineers Gate Manager LP acquired a new position in shares of American Integrity Insurance Group in the 2nd quarter worth $248,000. Finally, Oxford Asset Management LLP acquired a new position in shares of American Integrity Insurance Group in the 2nd quarter worth $273,000.

American Integrity Insurance Group Stock Performance

AII traded down $0.24 on Wednesday, reaching $19.70. The company had a trading volume of 24,515 shares, compared to its average volume of 124,764. The firm's fifty day simple moving average is $18.44. American Integrity Insurance Group has a fifty-two week low of $15.77 and a fifty-two week high of $20.61.

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

About American Integrity Insurance Group

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.