Citizens Jmp Issues Positive Forecast for American Integrity Insurance Group (NYSE:AII) Stock Price

American Integrity Insurance Group (NYSE:AII) had its target price hoisted by equities researchers at Citizens Jmp from $26.00 to $28.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “market outperform” rating on the stock. Citizens Jmp’s price target would indicate a potential upside of 12.90% from the stock’s previous close.

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

American Integrity Insurance Group Stock Performance

Shares of AII opened at $24.80 on Monday. The company has a fifty day simple moving average of $22.79. American Integrity Insurance Group has a 52-week low of $15.77 and a 52-week high of $26.36. The company has a market cap of $485.58 million and a P/E ratio of 6.54.

American Integrity Insurance Group (NYSE:AII) last announced its earnings results on Wednesday, November 12th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.61 by $0.10. American Integrity Insurance Group had a return on equity of 37.99% and a net margin of 31.63%.The company had revenue of $62.03 million for the quarter.

Institutional Trading of American Integrity Insurance Group

Institutional investors have recently bought and sold shares of the business. Strs Ohio bought a new position in shares of American Integrity Insurance Group in the 3rd quarter worth $33,000. FNY Investment Advisers LLC bought a new position in American Integrity Insurance Group during the second quarter worth about $45,000. JPMorgan Chase & Co. bought a new stake in shares of American Integrity Insurance Group in the 3rd quarter valued at about $72,000. Raymond James Financial Inc. acquired a new stake in shares of American Integrity Insurance Group in the 2nd quarter valued at approximately $101,000. Finally, Rhumbline Advisers acquired a new stake in shares of American Integrity Insurance Group in the 3rd quarter valued at approximately $155,000.

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.