William Blair Predicts Lower Earnings for Scotts Miracle-Gro

The Scotts Miracle-Gro Company (NYSE:SMG) – Research analysts at William Blair reduced their Q3 2025 earnings estimates for Scotts Miracle-Gro in a research note issued to investors on Wednesday, April 30th. William Blair analyst J. Andersen now forecasts that the basic materials company will earn $2.21 per share for the quarter, down from their previous forecast of $2.30. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.42 per share. William Blair also issued estimates for Scotts Miracle-Gro’s FY2025 earnings at $3.42 EPS.

SMG has been the subject of several other reports. Truist Financial raised Scotts Miracle-Gro from a “hold” rating to a “buy” rating and set a $70.00 price target for the company in a research report on Wednesday, April 2nd. Stifel Nicolaus upgraded shares of Scotts Miracle-Gro from a “hold” rating to a “buy” rating and lowered their target price for the stock from $78.00 to $70.00 in a report on Tuesday, March 4th. UBS Group cut their price target on shares of Scotts Miracle-Gro from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Thursday. Jefferies Financial Group upgraded shares of Scotts Miracle-Gro from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $72.00 to $69.00 in a research note on Monday, April 7th. Finally, Wells Fargo & Company cut their target price on shares of Scotts Miracle-Gro from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $65.50.

Scotts Miracle-Gro Price Performance

Shares of NYSE:SMG opened at $54.49 on Friday. The stock has a market capitalization of $3.13 billion, a PE ratio of -113.52 and a beta of 1.96. The company’s 50-day moving average price is $55.67 and its two-hundred day moving average price is $67.34. Scotts Miracle-Gro has a one year low of $45.61 and a one year high of $93.90.

Scotts Miracle-Gro (NYSE:SMG) last announced its earnings results on Wednesday, April 30th. The basic materials company reported $3.98 earnings per share for the quarter, topping analysts’ consensus estimates of $3.95 by $0.03. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.50 billion. Scotts Miracle-Gro had a negative net margin of 0.67% and a negative return on equity of 51.48%. The company’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $3.69 EPS.

Institutional Trading of Scotts Miracle-Gro

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in Scotts Miracle-Gro by 19.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 3,134 shares of the basic materials company’s stock valued at $208,000 after purchasing an additional 514 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Scotts Miracle-Gro during the 4th quarter worth $26,000. Norges Bank bought a new position in Scotts Miracle-Gro in the fourth quarter valued at about $9,684,000. Caprock Group LLC raised its stake in Scotts Miracle-Gro by 16.1% during the fourth quarter. Caprock Group LLC now owns 3,046 shares of the basic materials company’s stock worth $202,000 after acquiring an additional 423 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Scotts Miracle-Gro by 112.8% in the fourth quarter. GAMMA Investing LLC now owns 1,226 shares of the basic materials company’s stock worth $81,000 after acquiring an additional 650 shares during the last quarter. Institutional investors own 74.07% of the company’s stock.

Insider Activity

In other news, Director Hagedorn Partnership, L.P. sold 12,123 shares of the company’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $66.86, for a total transaction of $810,543.78. Following the completion of the sale, the director now directly owns 13,432,151 shares in the company, valued at approximately $898,073,615.86. This represents a 0.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Brian E. Sandoval sold 1,513 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $65.86, for a total value of $99,646.18. Following the completion of the transaction, the director now owns 13,039 shares in the company, valued at $858,748.54. The trade was a 10.40 % decrease in their position. The disclosure for this sale can be found here. 25.37% of the stock is currently owned by company insiders.

Scotts Miracle-Gro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a $0.66 dividend. The ex-dividend date is Friday, May 23rd. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.84%. Scotts Miracle-Gro’s payout ratio is presently -550.00%.

About Scotts Miracle-Gro

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.