American Integrity Insurance Group, Inc.'s (NYSE:AII) Quiet Period Will Expire on June 17th

American Integrity Insurance Group's (NYSE:AII - Get Free Report) quiet period will expire on Tuesday, June 17th. American Integrity Insurance Group had issued 6,875,000 shares in its initial public offering on May 8th. The total size of the offering was $110,000,000 based on an initial share price of $16.00. During the company's quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Oppenheimer initiated coverage on American Integrity Insurance Group in a research report on Monday, June 2nd. They set a "market perform" rating on the stock. Citigroup began coverage on shares of American Integrity Insurance Group in a report on Monday, June 2nd. They set an "outperform" rating on the stock. Wall Street Zen upgraded shares of American Integrity Insurance Group to a "hold" rating in a research note on Thursday, May 22nd. Keefe, Bruyette & Woods initiated coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They issued an "outperform" rating on the stock. Finally, Citizens Jmp initiated coverage on shares of American Integrity Insurance Group in a report on Monday, June 2nd. They issued an "outperform" rating and a $23.00 price objective for the company. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $21.50.

American Integrity Insurance Group Trading Down 2.9%

Shares of AII traded down $0.50 during midday trading on Tuesday, hitting $16.50. 134,766 shares of the company traded hands, compared to its average volume of 142,267. American Integrity Insurance Group has a one year low of $16.02 and a one year high of $19.45.

American Integrity Insurance Group (NYSE:AII - Get Free Report) last issued its quarterly earnings data on Monday, June 9th. The company reported $292.05 EPS for the quarter, beating the consensus estimate of $1.92 by $290.13. The firm had revenue of $71.87 million for the quarter, compared to analysts' expectations of $71.89 million.

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.