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New CBOE “special perk” helps traders target income every weekend (Ad)
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What is carbon capture and why does it keep coming up at COP28?
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
New CBOE “special perk” helps traders target income every weekend (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
New CBOE “special perk” helps traders target income every weekend (Ad)
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
What is carbon capture and why does it keep coming up at COP28?
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
New CBOE “special perk” helps traders target income every weekend (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
New CBOE “special perk” helps traders target income every weekend (Ad)
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
What is carbon capture and why does it keep coming up at COP28?
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
A 'soft landing' or a recession? How each one might affect America's households and businesses
New CBOE “special perk” helps traders target income every weekend (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
New CBOE “special perk” helps traders target income every weekend (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
New CBOE “special perk” helps traders target income every weekend (Ad)
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
What is carbon capture and why does it keep coming up at COP28?

Scotts Miracle-Gro Stock Price, News & Analysis (NYSE:SMG)

$60.60
-0.97 (-1.58%)
(As of 12/8/2023 ET)
Compare
Today's Range
$59.95
$61.81
50-Day Range
$43.73
$61.53
52-Week Range
$43.67
$88.61
Volume
597,111 shs
Average Volume
693,427 shs
Market Capitalization
$3.43 billion
P/E Ratio
N/A
Dividend Yield
4.36%
Price Target
$67.00

Scotts Miracle-Gro MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
10.6% Upside
$67.00 Price Target
Short Interest
Bearish
11.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.43
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$3.51 M Sold Last Quarter
Proj. Earnings Growth
39.25%
From $2.65 to $3.69 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Basic Materials Sector

104th out of 167 stocks

Agricultural Chemicals Industry

7th out of 9 stocks


SMG stock logo

About Scotts Miracle-Gro Stock (NYSE:SMG)

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. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Cyco, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.

SMG Stock Price History

SMG Stock News Headlines

Scotts Miracle-Gro (NYSE:SMG) Downgraded to Sell at StockNews.com
The Scotts Miracle Gro Co's Dividend Analysis
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
ScottsMiracle-Gro to hold Fireside Chat with Raymond James
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Scotts Miracle-Gro (SMG) Q4 2023 Earnings Call Transcript
Scotts Miracle-Gro Loss Widens on Lower Sales
ScottsMiracle-Gro Announces Fiscal 2023 Full-Year Results
What 6 Analyst Ratings Have To Say About Scotts Miracle Gro
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Ex-Dividend for 12/8 Dividend
11/24/2023
Dividend Payable
12/08/2023
Today
12/09/2023
Next Earnings (Estimated)
2/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Agricultural chemicals
Sub-Industry
Fertilizers & Agricultural Chemicals
CUSIP
81018610
Employees
6,500
Year Founded
1868

Price Target and Rating

Average Stock Price Target
$67.00
High Stock Price Target
$80.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+10.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-380,100,000.00
Pretax Margin
-12.76%

Debt

Sales & Book Value

Annual Sales
$3.55 billion
Cash Flow
$2.81 per share
Book Value
($4.76) per share

Miscellaneous

Free Float
41,125,000
Market Cap
$3.43 billion
Optionable
Optionable
Beta
1.71

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Key Executives















SMG Stock Analysis - Frequently Asked Questions

Should I buy or sell Scotts Miracle-Gro stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Scotts Miracle-Gro in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMG shares.
View SMG analyst ratings
or view top-rated stocks.

What is Scotts Miracle-Gro's stock price target for 2024?

7 Wall Street analysts have issued 12 month price targets for Scotts Miracle-Gro's shares. Their SMG share price targets range from $49.00 to $80.00. On average, they expect the company's stock price to reach $67.00 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for SMG
or view top-rated stocks among Wall Street analysts.

How have SMG shares performed in 2023?

Scotts Miracle-Gro's stock was trading at $48.59 on January 1st, 2023. Since then, SMG stock has increased by 24.7% and is now trading at $60.60.
View the best growth stocks for 2023 here
.

When is Scotts Miracle-Gro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
View our SMG earnings forecast
.

How were Scotts Miracle-Gro's earnings last quarter?

The Scotts Miracle-Gro Company (NYSE:SMG) released its quarterly earnings results on Wednesday, November, 1st. The basic materials company reported ($2.77) EPS for the quarter, beating analysts' consensus estimates of ($2.83) by $0.06. The basic materials company earned $374.50 million during the quarter, compared to analysts' expectations of $332.16 million. Scotts Miracle-Gro had a negative net margin of 10.70% and a positive trailing twelve-month return on equity of 421.70%. Scotts Miracle-Gro's quarterly revenue was down 24.1% on a year-over-year basis. During the same quarter last year, the business posted ($2.04) earnings per share.

How often does Scotts Miracle-Gro pay dividends? What is the dividend yield for Scotts Miracle-Gro?

Scotts Miracle-Gro declared a quarterly dividend on Tuesday, October 31st. Stockholders of record on Monday, November 27th will be paid a dividend of $0.66 per share on Friday, December 8th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Friday, November 24th.
Read our dividend analysis for SMG
.

Is Scotts Miracle-Gro a good dividend stock?

Scotts Miracle-Gro (NYSE:SMG) pays an annual dividend of $2.64 per share and currently has a dividend yield of 4.29%. SMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SMG.

What is Jim Hagedorn's approval rating as Scotts Miracle-Gro's CEO?

284 employees have rated Scotts Miracle-Gro Chief Executive Officer Jim Hagedorn on Glassdoor.com. Jim Hagedorn has an approval rating of 95% among the company's employees. This puts Jim Hagedorn in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Scotts Miracle-Gro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Scotts Miracle-Gro investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), AutoZone (AZO) and

Who are Scotts Miracle-Gro's major shareholders?

Scotts Miracle-Gro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (8.72%), Earnest Partners LLC (4.83%), Northern Trust Corp (1.80%), Empower Advisory Group LLC (1.61%), Morgan Stanley (1.29%) and Bank of New York Mellon Corp (1.28%). Insiders that own company stock include David C Evans, Denise Stump, Hagedorn Partnership, LP, Ivan C Smith, James D King, James Hagedorn, Julie Demuesy, Katherine Littlefield Hagedorn, Michael C Lukemire, Peter E Shumlin, Stephen L Johnson and Susan Hagedorn.
View institutional ownership trends
.

How do I buy shares of Scotts Miracle-Gro?

Shares of SMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SMG) was last updated on 12/9/2023 by MarketBeat.com Staff

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