American Integrity Insurance Group, Inc. (NYSE:AII) Receives Consensus Recommendation of “Moderate Buy” from Analysts

American Integrity Insurance Group, Inc. (NYSE:AII) has received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $21.50.

AII has been the topic of a number of analyst reports. Wall Street Zen raised American Integrity Insurance Group to a “hold” rating in a research report on Thursday, May 22nd. Raymond James Financial initiated coverage on American Integrity Insurance Group in a research report on Monday, June 2nd. They issued an “outperform” rating and a $20.00 price target on the stock. Oppenheimer initiated coverage on American Integrity Insurance Group in a research report on Monday, June 2nd. They issued a “market perform” rating on the stock. Piper Sandler reissued an “overweight” rating on shares of American Integrity Insurance Group in a research report on Thursday. Finally, Keefe, Bruyette & Woods initiated coverage on American Integrity Insurance Group in a research report on Monday, June 2nd. They issued an “outperform” rating on the stock.

American Integrity Insurance Group Trading Up 2.3%

American Integrity Insurance Group stock opened at $19.08 on Friday. The firm’s 50 day moving average price is $17.60. American Integrity Insurance Group has a fifty-two week low of $15.77 and a fifty-two week high of $19.61.

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

Hedge Funds Weigh In On American Integrity Insurance Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC purchased a new stake in American Integrity Insurance Group during the 2nd quarter valued at $45,000. Raymond James Financial Inc. purchased a new stake in American Integrity Insurance Group during the 2nd quarter valued at $101,000. XTX Topco Ltd purchased a new stake in American Integrity Insurance Group during the 2nd quarter valued at $192,000. Engineers Gate Manager LP purchased a new stake in American Integrity Insurance Group during the 2nd quarter valued at $248,000. Finally, Oxford Asset Management LLP purchased a new stake in American Integrity Insurance Group during the 2nd quarter valued at $273,000.

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.