American Integrity Insurance Group (NYSE:AII) Posts Earnings Results, Beats Estimates By $290.13 EPS

American Integrity Insurance Group (NYSE:AII) posted its quarterly earnings data on Monday. The company reported $292.05 earnings per share for the quarter, topping the consensus estimate of $1.92 by $290.13, Zacks reports.

American Integrity Insurance Group Stock Performance

NYSE:AII traded up $0.05 during mid-day trading on Monday, reaching $17.05. 181,476 shares of the company’s stock traded hands, compared to its average volume of 142,608. American Integrity Insurance Group has a 12-month low of $16.02 and a 12-month high of $19.45.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AII. Piper Sandler initiated coverage on American Integrity Insurance Group in a research note on Monday, June 2nd. They issued an “overweight” rating and a $20.00 target price on the stock. Keefe, Bruyette & Woods initiated coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They set an “outperform” rating for the company. Oppenheimer initiated coverage on shares of American Integrity Insurance Group in a research note on Monday, June 2nd. They issued a “market perform” rating on the stock. William Blair started coverage on American Integrity Insurance Group in a research note on Friday. They set an “outperform” rating for the company. Finally, JMP Securities set a $23.00 price objective on shares of American Integrity Insurance Group and gave the company an “outperform” rating in a research note on Monday, June 2nd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $21.50.

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.