American Integrity Insurance Group (NYSE:AII) Given New $28.00 Price Target at Citizens Jmp

American Integrity Insurance Group (NYSE:AII) had its target price upped by Citizens Jmp from $26.00 to $28.00 in a report issued on Monday morning,Benzinga reports. They currently have a market outperform rating on the stock.

Other equities research analysts have also issued reports about the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of American Integrity Insurance Group in a research note on Wednesday, October 8th. Raymond James Financial reiterated an “outperform” rating and issued a $24.00 price target (up from $22.00) on shares of American Integrity Insurance Group in a research report on Monday, September 22nd. Piper Sandler increased their price objective on American Integrity Insurance Group from $22.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. JMP Securities lifted their price objective on American Integrity Insurance Group from $23.00 to $26.00 and gave the company a “market outperform” rating in a report on Tuesday, October 14th. Finally, Citigroup reaffirmed an “outperform” rating on shares of American Integrity Insurance Group in a report on Tuesday, October 14th. Seven research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.20.

American Integrity Insurance Group Trading Down 3.2%

Shares of AII stock opened at $24.16 on Monday. The firm has a fifty day simple moving average of $22.88. The firm has a market cap of $473.09 million and a PE ratio of 6.38. American Integrity Insurance Group has a 52-week low of $15.77 and a 52-week high of $26.36.

American Integrity Insurance Group (NYSE:AII) last posted its earnings results on Wednesday, November 12th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.10. American Integrity Insurance Group had a net margin of 31.63% and a return on equity of 37.99%. The business had revenue of $62.03 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Emerald Advisers LLC acquired a new stake in shares of American Integrity Insurance Group in the 2nd quarter valued at $653,000. Boston Partners bought a new position in American Integrity Insurance Group in the second quarter valued at about $4,790,000. Emerald Mutual Fund Advisers Trust acquired a new stake in American Integrity Insurance Group in the second quarter worth about $4,037,000. FNY Investment Advisers LLC bought a new stake in American Integrity Insurance Group during the 2nd quarter worth about $45,000. Finally, Lighthouse Investment Partners LLC acquired a new position in American Integrity Insurance Group during the 3rd quarter valued at about $1,267,000.

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.