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

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect Scotts Miracle-Gro to post earnings of $3.95 per share and revenue of $1.50 billion for the quarter.

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) last issued its earnings results on Wednesday, January 29th. The basic materials company reported ($0.89) EPS for the quarter, topping analysts' consensus estimates of ($1.23) by $0.34. Scotts Miracle-Gro had a negative return on equity of 51.48% and a negative net margin of 0.67%. During the same period in the prior year, the business earned ($1.45) EPS. On average, analysts expect Scotts Miracle-Gro to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Scotts Miracle-Gro Price Performance

SMG stock traded up $2.01 during trading on Monday, hitting $55.09. 391,279 shares of the company traded hands, compared to its average volume of 906,083. Scotts Miracle-Gro has a 1 year low of $46.45 and a 1 year high of $93.90. The stock's 50-day simple moving average is $56.51 and its 200 day simple moving average is $68.26. The company has a market cap of $3.17 billion, a PE ratio of -114.83 and a beta of 1.96.

Scotts Miracle-Gro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend is Friday, May 23rd. Scotts Miracle-Gro's dividend payout ratio (DPR) is -550.00%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Truist Financial raised shares of Scotts Miracle-Gro from a "hold" rating to a "buy" rating and set a $70.00 price objective for the company in a report on Wednesday, April 2nd. Jefferies Financial Group upgraded Scotts Miracle-Gro from a "hold" rating to a "buy" rating and cut their price objective for the company from $72.00 to $69.00 in a research report on Monday, April 7th. Stifel Nicolaus upgraded Scotts Miracle-Gro from a "hold" rating to a "buy" rating and decreased their target price for the company from $78.00 to $70.00 in a research report on Tuesday, March 4th. UBS Group cut their price target on shares of Scotts Miracle-Gro from $77.00 to $55.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company reduced their price objective on shares of Scotts Miracle-Gro from $70.00 to $65.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $68.17.

Insider Buying and Selling

In other news, Director Brian E. Sandoval sold 1,513 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $65.86, for a total value of $99,646.18. Following the completion of the sale, the director now directly owns 13,039 shares in the company, valued at $858,748.54. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO James Hagedorn sold 142,733 shares of the company's stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $71.56, for a total transaction of $10,213,973.48. Following the sale, the chief executive officer now directly owns 88,310 shares of the company's stock, valued at approximately $6,319,463.60. This represents a 61.78 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 159,937 shares of company stock worth $11,379,275. 25.37% of the stock is owned by corporate insiders.

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.