Scotts Miracle-Gro (SMG) to Release Earnings on Wednesday

Scotts Miracle-Gro (NYSE:SMG) is anticipated to announce its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect Scotts Miracle-Gro to post earnings of $2.53 per share and revenue of $1.1726 billion for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:15 AM ET.

Scotts Miracle-Gro (NYSE:SMG) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $4.53 EPS for the quarter, topping analysts’ consensus estimates of $3.97 by $0.56. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.41 billion. Scotts Miracle-Gro had a net margin of 3.27% and a negative return on equity of 79.61%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period last year, the business posted $3.98 earnings per share. On average, analysts expect Scotts Miracle-Gro to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Scotts Miracle-Gro Trading Up 0.8%

SMG opened at $69.89 on Tuesday. The stock has a market capitalization of $4.07 billion, a P/E ratio of 39.05 and a beta of 1.81. Scotts Miracle-Gro has a 12 month low of $52.00 and a 12 month high of $75.34. The firm’s fifty day simple moving average is $63.94 and its 200 day simple moving average is $64.04.

Institutional Investors Weigh In On Scotts Miracle-Gro

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Scotts Miracle-Gro during the 3rd quarter worth about $32,000. Aster Capital Management DIFC Ltd bought a new stake in Scotts Miracle-Gro during the fourth quarter worth about $53,000. Quarry LP boosted its position in Scotts Miracle-Gro by 314.4% during the fourth quarter. Quarry LP now owns 1,326 shares of the basic materials company’s stock valued at $77,000 after purchasing an additional 1,006 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in Scotts Miracle-Gro by 104.2% in the third quarter. CIBC Private Wealth Group LLC now owns 1,448 shares of the basic materials company’s stock valued at $82,000 after purchasing an additional 739 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Scotts Miracle-Gro during the 3rd quarter worth approximately $121,000. 74.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on SMG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Scotts Miracle-Gro in a research note on Monday, May 4th. Jefferies Financial Group restated a “buy” rating and issued a $79.00 price target on shares of Scotts Miracle-Gro in a report on Wednesday, April 29th. Wall Street Zen raised Scotts Miracle-Gro from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Stifel Nicolaus decreased their price objective on Scotts Miracle-Gro from $76.00 to $75.00 and set a “buy” rating for the company in a report on Monday, June 8th. Finally, UBS Group lifted their target price on Scotts Miracle-Gro from $63.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $73.00.

About Scotts Miracle-Gro

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.