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S&P 500   5,011.12
DOW   37,775.38
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What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:SMG

Scotts Miracle-Gro (SMG) Stock Price, News & Analysis

$67.95
+0.25 (+0.37%)
(As of 04/18/2024 ET)
Today's Range
$67.29
$69.05
50-Day Range
$55.78
$76.05
52-Week Range
$43.67
$77.95
Volume
376,209 shs
Average Volume
749,411 shs
Market Capitalization
$3.85 billion
P/E Ratio
N/A
Dividend Yield
3.89%
Price Target
$70.00

Scotts Miracle-Gro MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
3.0% Upside
$70.00 Price Target
Short Interest
Bearish
10.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.66
Upright™ Environmental Score
News Sentiment
1.16mentions of Scotts Miracle-Gro in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$6.60 M Sold Last Quarter
Proj. Earnings Growth
41.26%
From $2.69 to $3.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.97 out of 5 stars

Basic Materials Sector

84th out of 174 stocks

Agricultural Chemicals Industry

4th out of 6 stocks

SMG stock logo

About Scotts Miracle-Gro Stock (NYSE:SMG)

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Cyco, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.

SMG Stock Price History

SMG Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 3/8 Dividend
2/22/2024
Dividend Payable
3/08/2024
Today
4/18/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Agricultural chemicals
Sub-Industry
Fertilizers & Agricultural Chemicals
CUSIP
81018610
Employees
6,500
Year Founded
1868

Price Target and Rating

Average Stock Price Target
$70.00
High Stock Price Target
$85.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-380,100,000.00
Pretax Margin
-13.77%

Debt

Sales & Book Value

Annual Sales
$3.55 billion
Cash Flow
$2.85 per share
Book Value
($4.76) per share

Miscellaneous

Free Float
41,691,000
Market Cap
$3.84 billion
Optionable
Optionable
Beta
1.70

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Key Executives


SMG Stock Analysis - Frequently Asked Questions

Should I buy or sell Scotts Miracle-Gro stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scotts Miracle-Gro in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMG, but not buy additional shares or sell existing shares.
View SMG analyst ratings
or view top-rated stocks.

What is Scotts Miracle-Gro's stock price target for 2024?

5 Wall Street research analysts have issued twelve-month price targets for Scotts Miracle-Gro's stock. Their SMG share price targets range from $60.00 to $85.00. On average, they predict the company's share price to reach $70.00 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
View analysts price targets for SMG
or view top-rated stocks among Wall Street analysts.

How have SMG shares performed in 2024?

Scotts Miracle-Gro's stock was trading at $63.75 at the beginning of 2024. Since then, SMG shares have increased by 6.6% and is now trading at $67.96.
View the best growth stocks for 2024 here
.

When is Scotts Miracle-Gro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SMG earnings forecast
.

How were Scotts Miracle-Gro's earnings last quarter?

The Scotts Miracle-Gro Company (NYSE:SMG) released its quarterly earnings data on Wednesday, February, 7th. The basic materials company reported ($1.45) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.62) by $0.17. The basic materials company earned $410.40 million during the quarter, compared to analysts' expectations of $412.83 million. Scotts Miracle-Gro had a negative trailing twelve-month return on equity of 44.37% and a negative net margin of 11.52%. Scotts Miracle-Gro's revenue for the quarter was down 22.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($1.02) earnings per share.

How often does Scotts Miracle-Gro pay dividends? What is the dividend yield for Scotts Miracle-Gro?

Scotts Miracle-Gro announced a quarterly dividend on Monday, January 22nd. Investors of record on Friday, February 23rd will be given a dividend of $0.66 per share on Friday, March 8th. This represents a $2.64 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Thursday, February 22nd.
Read our dividend analysis for SMG
.

Is Scotts Miracle-Gro a good dividend stock?

Scotts Miracle-Gro (NYSE:SMG) pays an annual dividend of $2.64 per share and currently has a dividend yield of 3.89%.
Read our dividend analysis for SMG.

What is Jim Hagedorn's approval rating as Scotts Miracle-Gro's CEO?

284 employees have rated Scotts Miracle-Gro Chief Executive Officer Jim Hagedorn on Glassdoor.com. Jim Hagedorn has an approval rating of 95% among the company's employees. This puts Jim Hagedorn in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Scotts Miracle-Gro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Scotts Miracle-Gro investors own include Hawkins (HWKN), Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), AutoZone (AZO) and

Who are Scotts Miracle-Gro's major shareholders?

Scotts Miracle-Gro's stock is owned by a variety of institutional and retail investors. Top institutional investors include Compass Wealth Management LLC (0.11%), FCF Advisors LLC (0.03%), Yarbrough Capital LLC (0.03%), Cullen Investment Group LTD. (0.02%), Signal Advisors Wealth LLC (0.02%) and Foguth Wealth Management LLC. (0.02%). Insiders that own company stock include David C Evans, Denise Stump, Hagedorn Partnership, LP, James D King, James Hagedorn, Julie Demuesy, Peter E Shumlin, Stephen L Johnson and Susan Hagedorn.
View institutional ownership trends
.

How do I buy shares of Scotts Miracle-Gro?

Shares of SMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SMG) was last updated on 4/18/2024 by MarketBeat.com Staff

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