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

American Integrity Insurance Group (NYSE:AII) released its earnings results on Monday. The company reported $292.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $290.13, Zacks reports.

American Integrity Insurance Group Price Performance

Shares of AII traded up $0.05 during trading hours on Monday, hitting $17.05. The company had a trading volume of 181,476 shares, 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.

Wall Street Analyst Weigh In

AII has been the topic of several recent analyst reports. JMP Securities set a $23.00 price target on American Integrity Insurance Group and gave the stock an “outperform” rating in a research report on Monday, June 2nd. Piper Sandler initiated coverage on shares of American Integrity Insurance Group in a report on Monday, June 2nd. They set an “overweight” rating and a $20.00 target price on the stock. Citigroup started coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They set an “outperform” rating on the stock. Raymond James began coverage on shares of American Integrity Insurance Group in a research report on Monday, June 2nd. They issued an “outperform” rating and a $20.00 price objective for the company. Finally, Oppenheimer began coverage on shares of American Integrity Insurance Group in a report on Monday, June 2nd. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, American Integrity Insurance Group currently has an average rating of “Moderate Buy” and a consensus price target of $21.50.

About American Integrity Insurance Group

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.