American Integrity Insurance Group, Inc. (NYSE:AII) Given Average Recommendation of “Moderate Buy” by Brokerages

American Integrity Insurance Group, Inc. (NYSE:AII) has received a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $22.50.

AII has been the subject of several research reports. Raymond James Financial reiterated an “outperform” rating and issued a $24.00 target price (up from $22.00) on shares of American Integrity Insurance Group in a research report on Monday, September 22nd. Piper Sandler reiterated an “overweight” rating on shares of American Integrity Insurance Group in a research report on Thursday, August 14th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of American Integrity Insurance Group in a research report on Saturday, September 27th.

Institutional Trading of American Integrity Insurance Group

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in American Integrity Insurance Group during the second quarter valued at about $101,000. Mink Brook Asset Management LLC purchased a new stake in American Integrity Insurance Group during the second quarter valued at about $7,844,000. Federated Hermes Inc. purchased a new stake in American Integrity Insurance Group during the second quarter valued at about $7,233,000. Gamco Investors INC. ET AL purchased a new stake in American Integrity Insurance Group during the second quarter valued at about $2,010,000. Finally, Russell Investments Group Ltd. purchased a new stake in American Integrity Insurance Group during the second quarter valued at about $1,708,000.

American Integrity Insurance Group Stock Up 0.8%

AII opened at $22.79 on Friday. American Integrity Insurance Group has a one year low of $15.77 and a one year high of $23.03. The firm’s fifty day moving average price is $19.68.

American Integrity Insurance Group (NYSE:AII) last announced its earnings results on Tuesday, August 12th. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.15.

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.