Q3 EPS Forecast for Scotts Miracle-Gro Increased by Analyst

The Scotts Miracle-Gro Company (NYSE:SMG) – Investment analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for shares of Scotts Miracle-Gro in a research note issued on Tuesday, May 20th. Zacks Research analyst R. Department now forecasts that the basic materials company will earn $2.07 per share for the quarter, up from their prior forecast of $2.04. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.42 per share. Zacks Research also issued estimates for Scotts Miracle-Gro’s Q4 2025 earnings at ($1.86) EPS, FY2025 earnings at $3.30 EPS, Q1 2026 earnings at ($1.09) EPS, Q3 2026 earnings at $2.11 EPS, Q4 2026 earnings at ($1.59) EPS, Q1 2027 earnings at ($1.05) EPS and Q2 2027 earnings at $4.52 EPS.

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

Several other research firms have also recently weighed in on SMG. UBS Group lowered their price target on Scotts Miracle-Gro from $55.00 to $54.00 and set a “neutral” rating on the stock in a report on Thursday, May 1st. Wells Fargo & Company lifted their price target on Scotts Miracle-Gro from $65.00 to $67.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 13th. Jefferies Financial Group raised Scotts Miracle-Gro from a “hold” rating to a “buy” rating and reduced their target price for the company from $72.00 to $69.00 in a research note on Monday, April 7th. JPMorgan Chase & Co. reduced their target price on Scotts Miracle-Gro from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, May 1st. Finally, Truist Financial upgraded Scotts Miracle-Gro from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $65.83.

Scotts Miracle-Gro Stock Performance

Shares of SMG opened at $59.40 on Friday. The stock’s 50-day simple moving average is $55.12 and its 200 day simple moving average is $64.21. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of -123.75 and a beta of 1.98. Scotts Miracle-Gro has a 52-week low of $45.61 and a 52-week high of $93.90.

Scotts Miracle-Gro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be issued a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend is Friday, May 23rd. Scotts Miracle-Gro’s dividend payout ratio (DPR) is 528.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Oppenheimer & Co. Inc. lifted its holdings in shares of 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 position in shares of Scotts Miracle-Gro in the fourth quarter worth about $26,000. Norges Bank bought a new position in shares of Scotts Miracle-Gro in the fourth quarter worth about $9,684,000. Caprock Group LLC boosted 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 valued at $202,000 after buying an additional 423 shares during the last quarter. Finally, Bayesian Capital Management LP bought a new position in Scotts Miracle-Gro during the fourth quarter valued at approximately $1,261,000. 74.07% of the stock is owned by institutional investors.

Scotts Miracle-Gro Company Profile

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.