Analysts Set American Integrity Insurance Group, Inc. (NYSE:AII) Target Price at $26.75

American Integrity Insurance Group, Inc. (NYSE:AII) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $26.75.

Several analysts have issued reports on AII shares. Weiss Ratings restated a “sell (d-)” rating on shares of American Integrity Insurance Group in a research report on Monday, May 4th. Citizens Jmp cut their price target on shares of American Integrity Insurance Group from $28.00 to $25.00 and set a “market outperform” rating for the company in a research report on Wednesday, May 13th. Keefe, Bruyette & Woods cut their price target on shares of American Integrity Insurance Group from $28.00 to $27.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Finally, Citigroup restated an “outperform” rating on shares of American Integrity Insurance Group in a research report on Wednesday, May 13th.

American Integrity Insurance Group Stock Performance

Shares of NYSE:AII opened at $17.00 on Monday. American Integrity Insurance Group has a 52-week low of $15.77 and a 52-week high of $26.36. The firm has a fifty day moving average of $18.79 and a 200 day moving average of $19.72. The firm has a market capitalization of $332.99 million and a PE ratio of 3.88.

American Integrity Insurance Group (NYSE:AII) last announced its earnings results on Tuesday, May 12th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.09. American Integrity Insurance Group had a net margin of 27.56% and a return on equity of 27.04%. The company had revenue of $90.93 million during the quarter. On average, sell-side analysts forecast that American Integrity Insurance Group will post 2.73 EPS for the current fiscal year.

American Integrity Insurance Group Dividend Announcement

The firm also recently declared a special dividend, which was paid on Monday, March 30th. Shareholders of record on Monday, March 16th were given a dividend of $1.02 per share. The ex-dividend date was Monday, March 16th.

Institutional Trading of American Integrity Insurance Group

Several institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its position in American Integrity Insurance Group by 1,840.0% during the third quarter. Franklin Resources Inc. now owns 2,988,329 shares of the company’s stock valued at $66,670,000 after buying an additional 2,834,289 shares during the period. Wasatch Advisors LP boosted its position in American Integrity Insurance Group by 38.6% during the first quarter. Wasatch Advisors LP now owns 1,192,192 shares of the company’s stock valued at $22,985,000 after buying an additional 331,766 shares during the period. Boston Partners boosted its position in American Integrity Insurance Group by 9.3% during the fourth quarter. Boston Partners now owns 1,191,145 shares of the company’s stock valued at $24,809,000 after buying an additional 101,365 shares during the period. Mink Brook Asset Management LLC raised its stake in shares of American Integrity Insurance Group by 35.5% during the fourth quarter. Mink Brook Asset Management LLC now owns 648,405 shares of the company’s stock valued at $13,506,000 after acquiring an additional 169,932 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of American Integrity Insurance Group during the second quarter valued at about $10,409,000.

American Integrity Insurance Group Company Profile

American Integrity Insurance Group, Ltd. is a specialized provider of personal lines residential property insurance based in Jacksonville Beach, Florida. The company underwrites a variety of policies including homeowners multiple peril, condominium unitowners, dwelling fire, wind-only, personal umbrella and renters insurance. Its product suite is designed to protect against hurricane, windstorm, hail and other weather-related risks common to Florida’s coastal and inland regions.

Founded in 2004, American Integrity operates primarily through a network of independent insurance agents across the state of Florida.