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

Key Points

• American Integrity Insurance Group, Inc. (NYSE:AII) received an average recommendation of "Moderate Buy" from analysts, with seven buy recommendations and one sell recommendation among nine brokerages.
• The company's 12-month price target from analysts is set at $22.50, with the stock currently trading at $22.79.
• American Integrity reported a quarterly EPS of $1.84, exceeding consensus estimates of $1.69 by $0.15, demonstrating strong financial performance.

American Integrity Insurance Group, Inc. (NYSE:AII - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $22.50.

A number of equities research analysts have issued reports on AII shares. Piper Sandler reissued an "overweight" rating on shares of American Integrity Insurance Group in a report on Thursday, August 14th. Weiss Ratings reissued a "sell (e+)" rating on shares of American Integrity Insurance Group in a report on Saturday, September 27th. Finally, Raymond James Financial reissued an "outperform" rating and set a $24.00 target price (up previously from $22.00) on shares of American Integrity Insurance Group in a report on Monday, September 22nd.

American Integrity Insurance Group Trading Up 0.8%

NYSE:AII opened at $22.79 on Friday. The business has a 50 day moving average of $19.68. American Integrity Insurance Group has a 12 month low of $15.77 and a 12 month high of $23.03.

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

Institutional Investors Weigh In On American Integrity Insurance Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $16,073,000. Balyasny Asset Management L.P. purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $10,409,000. Mink Brook Asset Management LLC purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,844,000. The Manufacturers Life Insurance Company purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,356,000. Finally, Federated Hermes Inc. purchased a new position in shares of American Integrity Insurance Group during the 2nd quarter valued at $7,233,000.

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.

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