Q3 EPS Estimates for Scotts Miracle-Gro Cut by William Blair

The Scotts Miracle-Gro Company (NYSE:SMG - Free Report) - Stock analysts at William Blair decreased their Q3 2025 EPS estimates for Scotts Miracle-Gro in a report released on Wednesday, April 30th. William Blair analyst J. Andersen now expects that the basic materials company will post earnings per share of $2.21 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 research reports. Jefferies Financial Group raised Scotts Miracle-Gro from a "hold" rating to a "buy" rating and cut their price objective for the stock from $72.00 to $69.00 in a report on Monday, April 7th. UBS Group lowered their price objective on shares of Scotts Miracle-Gro from $55.00 to $54.00 and set a "neutral" rating on the stock in a research report on Thursday, May 1st. Stifel Nicolaus raised Scotts Miracle-Gro from a "hold" rating to a "buy" rating and reduced their target price for the company from $78.00 to $70.00 in a research note on Tuesday, March 4th. Wells Fargo & Company cut their price objective on Scotts Miracle-Gro from $70.00 to $65.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Truist Financial raised Scotts Miracle-Gro from a "hold" rating to a "buy" rating and set a $70.00 price objective on the stock in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $65.50.

Scotts Miracle-Gro Trading Down 2.4 %

Shares of SMG traded down $1.32 during mid-day trading on Friday, reaching $53.57. 362,294 shares of the stock traded hands, compared to its average volume of 946,333. Scotts Miracle-Gro has a 1 year low of $45.61 and a 1 year high of $93.90. The company has a market cap of $3.08 billion, a price-to-earnings ratio of -111.61 and a beta of 1.98. The firm has a fifty day moving average price of $55.51 and a 200 day moving average price of $66.71.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SMG. Oppenheimer & Co. Inc. increased its stake in Scotts Miracle-Gro by 19.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 3,134 shares of the basic materials company's stock worth $208,000 after buying an additional 514 shares during the period. SBI Securities Co. Ltd. bought a new position in Scotts Miracle-Gro in the fourth quarter worth approximately $26,000. Norges Bank purchased a new position in shares of Scotts Miracle-Gro in the 4th quarter valued at $9,684,000. Caprock Group LLC boosted its position 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 purchasing an additional 423 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Scotts Miracle-Gro by 112.8% during the fourth quarter. GAMMA Investing LLC now owns 1,226 shares of the basic materials company's stock valued at $81,000 after buying an additional 650 shares during the last quarter. Institutional investors own 74.07% of the company's stock.

Insider Buying and Selling at Scotts Miracle-Gro

In other Scotts Miracle-Gro news, Director Brian E. Sandoval sold 1,513 shares of Scotts Miracle-Gro stock in a transaction that occurred 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 sale, the director now owns 13,039 shares of the company's stock, valued at $858,748.54. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Hagedorn Partnership, L.P. sold 12,123 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $66.86, for a total transaction of $810,543.78. Following the completion of the transaction, the director now directly owns 13,432,151 shares of the company's stock, valued at approximately $898,073,615.86. The trade was a 0.09 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 25.37% of the company's stock.

Scotts Miracle-Gro Announces Dividend

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 given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend is Friday, May 23rd. Scotts Miracle-Gro's dividend payout ratio (DPR) is presently 528.00%.

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.