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

American Integrity Insurance Group’s (NYSE:AII) quiet period will expire on Tuesday, June 17th. American Integrity Insurance Group had issued 6,875,000 shares in its 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 American Integrity Insurance Group’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on AII shares. Raymond James assumed coverage on shares of American Integrity Insurance Group in a research note on Monday, June 2nd. They issued an “outperform” rating and a $20.00 price objective for the company. Citigroup assumed coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They set an “outperform” rating on the stock. William Blair assumed coverage on shares of American Integrity Insurance Group in a research report on Friday. They set an “outperform” rating on the stock. Oppenheimer assumed coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They set a “market perform” rating on the stock. Finally, Keefe, Bruyette & Woods assumed coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.50.

American Integrity Insurance Group Trading Up 0.3%

Shares of American Integrity Insurance Group stock opened at $17.05 on Tuesday. American Integrity Insurance Group has a 52-week low of $16.02 and a 52-week high of $19.45.

American Integrity Insurance Group (NYSE:AII) last announced its quarterly earnings results on Monday, June 9th. The company reported $292.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $290.13.

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.