NYSE:SMG Scotts Miracle-Gro (SMG) Stock Forecast, Price & News $64.92 -0.71 (-1.08%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$64.54▼$66.5050-Day Range$63.21▼$76.9652-Week Range$39.06▼$95.25Volume509,031 shsAverage Volume557,240 shsMarket Capitalization$3.64 billionP/E RatioN/ADividend Yield4.07%Price Target$76.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Scotts Miracle-Gro MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside17.5% Upside$76.29 Price TargetShort InterestBearish7.99% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-4.82Upright™ Environmental ScoreNews Sentiment0.78Based on 4 Articles This WeekInsider TradingSelling Shares$1.68 M Sold Last QuarterProj. Earnings Growth57.54%From $2.52 to $3.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsBasic Materials Sector80th out of 164 stocksAgricultural Chemicals Industry5th out of 8 stocks 2.4 Analyst's Opinion Consensus RatingScotts Miracle-Gro has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $76.29, Scotts Miracle-Gro has a forecasted upside of 17.5% from its current price of $64.92.Amount of Analyst CoverageScotts Miracle-Gro has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.99% of the float of Scotts Miracle-Gro has been sold short.Short Interest Ratio / Days to CoverScotts Miracle-Gro has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Scotts Miracle-Gro has recently increased by 17.02%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipScotts Miracle-Gro is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthScotts Miracle-Gro does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Scotts Miracle-Gro will have a dividend payout ratio of 66.50% next year. This indicates that Scotts Miracle-Gro will be able to sustain or increase its dividend. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreScotts Miracle-Gro has received a -25.07% net impact score from Upright. The largest negative impact of Scotts Miracle-Gro in category "GHG emissions" seems to be driven mostly by its "PK fertilizers", "Nitrogen fertilizers", "NPK fertilizers", and "Potassium fertilizers" products. See details.Environmental SustainabilityThe Environmental Impact score for Scotts Miracle-Gro is -4.82. Previous Next 2.7 News and Social Media Coverage News SentimentScotts Miracle-Gro has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Scotts Miracle-Gro this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for SMG on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.MarketBeat Follows7 people have added Scotts Miracle-Gro to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Scotts Miracle-Gro insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,675,000.00 in company stock.Percentage Held by Insiders27.28% of the stock of Scotts Miracle-Gro is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions68.98% of the stock of Scotts Miracle-Gro is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Scotts Miracle-Gro are expected to grow by 57.54% in the coming year, from $2.52 to $3.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scotts Miracle-Gro is -5.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Scotts Miracle-Gro is -5.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioScotts Miracle-Gro has a P/B Ratio of 24.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Scotts Miracle-Gro (NYSE:SMG) StockScotts Miracle-Gro Co. engages in the manufacturing, marketing, and sale of products for lawn and garden care and indoor and hydroponic gardening. Its products and services include lawn care, gardening and landscape, hydroponic hardware and growing environments, lighting, controls, and marketing agreement. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer and Other segments manufacture and market branded consumer lawn and garden products. The U.S. Consumer segment consists of consumer lawn and garden business in the United States. The Hawthorne segment manufactures, markets, and distributes lighting, nutrients, growing media, growing environments, and hardware products for indoor and hydroponic gardening in North America. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH.Read More Receive SMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Scotts Miracle-Gro and its competitors with MarketBeat's FREE daily newsletter. Email Address SMG Stock News HeadlinesMay 17, 2023 | marketbeat.comThe 8 Best Agricultural ETFs to Consider for Your Portfolio (SMG)Agriculture ETFs involve investing in agriculture commodities such as sugar, corn, soybeans, coffee and wheat. Learn more.June 1, 2023 | finance.yahoo.comFurther weakness as Scotts Miracle-Gro (NYSE:SMG) drops 5.2% this week, taking three-year losses to 50%June 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 31, 2023 | americanbankingnews.comThe Scotts Miracle-Gro Company (NYSE:SMG) Short Interest Up 17.0% in MayMay 31, 2023 | americanbankingnews.comShort Interest in The Scotts Miracle-Gro Company (NYSE:SMG) Rises By 17.0%May 27, 2023 | americanbankingnews.comThe Scotts Miracle-Gro Company (NYSE:SMG) Receives $76.29 Average Price Target from AnalystsMay 23, 2023 | americanbankingnews.comThe Scotts Miracle-Gro Company (NYSE:SMG) to Issue Quarterly Dividend of $0.66May 19, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Upgraded to Hold by StockNews.comJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 18, 2023 | americanbankingnews.comThe Scotts Miracle-Gro Company (NYSE:SMG) CEO James Hagedorn Sells 25,000 SharesMay 15, 2023 | markets.businessinsider.comScotts Miracle-Gro Company (SMG) Receives a Hold from BarclaysMay 12, 2023 | finance.yahoo.comScotts Miracle-Gro (NYSE:SMG) Will Pay A Dividend Of $0.66May 10, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for The Scotts Miracle-Gro Company's Q3 2023 Earnings (NYSE:SMG)May 9, 2023 | americanbankingnews.comUBS Group Cuts Scotts Miracle-Gro (NYSE:SMG) Price Target to $70.00May 8, 2023 | msn.comUnusual Call Option Trade in Scotts Miracle-Gro Company - (SMG) Worth $162.86KMay 8, 2023 | msn.comJP Morgan Upgrades Scotts Miracle-Gro Company - (SMG)May 8, 2023 | msn.comScotts Miracle-Gro stock rises as JPMorgan upgrades stock to overweight from neutralMay 8, 2023 | msn.comScotts Miracle-Gro's stock gains on upgrade to Overweight at JPMorganMay 8, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Rating Increased to Overweight at JPMorgan Chase & Co.May 8, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Upgraded at StockNews.comMay 7, 2023 | americanbankingnews.comStifel Nicolaus Trims Scotts Miracle-Gro (NYSE:SMG) Target Price to $78.00May 6, 2023 | americanbankingnews.comRaymond James Lowers Scotts Miracle-Gro (NYSE:SMG) Price Target to $86.00May 6, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) PT Lowered to $65.00May 5, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Shares Down 4.3% May 4, 2023 | msn.comWells Fargo Maintains Scotts Miracle-Gro Company - (SMG) Overweight RecommendationMay 4, 2023 | americanbankingnews.comWells Fargo & Company Lowers Scotts Miracle-Gro (NYSE:SMG) Price Target to $85.00May 4, 2023 | finance.yahoo.comQ2 2023 Scotts Miracle-Gro Co Earnings CallSee More Headlines SMG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SMG Company Calendar Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Last Earnings5/03/2023Ex-Dividend for 6/9 Dividend5/25/2023Today6/08/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/02/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Agricultural chemicals Sub-IndustryFertilizers & Agricultural Chemicals SectorBasic Materials Current SymbolNYSE:SMG CUSIP81018610 CIK825542 Webwww.scotts.com Phone(937) 644-0011Fax937-578-5754Employees6,100Year Founded1868Price Target and Rating Average Stock Price Forecast$76.29 High Stock Price Forecast$86.00 Low Stock Price Forecast$65.00 Forecasted Upside/Downside+17.5%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($11.21) Trailing P/E RatioN/A Forward P/E Ratio25.76 P/E GrowthN/ANet Income$-437,500,000.00 Net Margins-16.57% Pretax Margin-21.21% Return on Equity81.02% Return on Assets3.29% Debt Debt-to-Equity Ratio22.82 Current Ratio2.07 Quick Ratio1.25 Sales & Book Value Annual Sales$3.92 billion Price / Sales0.93 Cash Flow$6.15 per share Price / Cash Flow10.55 Book Value$2.67 per share Price / Book24.31Miscellaneous Outstanding Shares56,070,000Free Float40,776,000Market Cap$3.64 billion OptionableOptionable Beta1.63 Social Links Key ExecutivesJames HagedornChairman & Chief Executive OfficerMike LukemirePresident & Chief Operating OfficerMatthew Eric GarthChief Financial Officer & Executive Vice PresidentDave SwihartHead-Global Technology & OperationsIvan C. SmithSecretary, Chief Cmp Officer, EVP & Gen CounselKey CompetitorsMosaicNYSE:MOSCF IndustriesNYSE:CFICL GroupNYSE:ICLQuaker ChemicalNYSE:KWRAvientNYSE:AVNTView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 5,994 shares on 6/1/2023Ownership: 0.011%ProShare Advisors LLCSold 1,242 shares on 5/26/2023Ownership: 0.005%Empower Advisory Group LLCBought 693,522 shares on 5/25/2023Ownership: 1.237%Royce & Associates LPBought 5,000 shares on 5/23/2023Ownership: 0.009%Ameriprise Financial Inc.Sold 20,493 shares on 5/22/2023Ownership: 0.118%View All Insider TransactionsView All Institutional Transactions SMG Stock - 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 "buy" SMG shares. View SMG analyst ratings or view top-rated stocks. What is Scotts Miracle-Gro's stock price forecast for 2023? 7 equities research analysts have issued 1 year price targets for Scotts Miracle-Gro's shares. Their SMG share price forecasts range from $65.00 to $86.00. On average, they predict the company's share price to reach $76.29 in the next year. This suggests a possible upside of 17.5% 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 33.6% and is now trading at $64.92. View the best growth stocks for 2023 here. Are investors shorting Scotts Miracle-Gro? Scotts Miracle-Gro saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,300,000 shares, an increase of 17.0% from the April 30th total of 2,820,000 shares. Based on an average daily trading volume, of 699,400 shares, the days-to-cover ratio is currently 4.7 days. Approximately 8.0% of the shares of the company are short sold. View Scotts Miracle-Gro's Short Interest. When is Scotts Miracle-Gro's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our SMG earnings forecast. How were Scotts Miracle-Gro's earnings last quarter? The Scotts Miracle-Gro Company (NYSE:SMG) posted its quarterly earnings data on Wednesday, May, 3rd. The basic materials company reported $3.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.20 by $0.58. The basic materials company earned $1.53 billion during the quarter, compared to the consensus estimate of $1.61 billion. Scotts Miracle-Gro had a positive trailing twelve-month return on equity of 81.02% and a negative net margin of 16.57%. The firm's revenue was down 8.8% on a year-over-year basis. During the same period in the prior year, the company earned $5.03 earnings per share. How often does Scotts Miracle-Gro pay dividends? What is the dividend yield for Scotts Miracle-Gro? Scotts Miracle-Gro announced a quarterly dividend on Monday, April 24th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.66 per share on Friday, June 9th. This represents a $2.64 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, May 25th. Read our dividend analysis for SMG. What ETFs hold Scotts Miracle-Gro's stock? ETFs with the largest weight of Scotts Miracle-Gro (NYSE:SMG) stock in their portfolio include Cambria Cannabis ETF (TOKE), AXS Cannabis ETF (THCX), Invesco DWA Basic Materials Momentum ETF (PYZ), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Materials AlphaDEX Fund (FXZ), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Syntax Stratified MidCap ETF (SMDY) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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 4.13%. 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 What is Scotts Miracle-Gro's stock symbol? Scotts Miracle-Gro trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMG." Who are Scotts Miracle-Gro's major shareholders? Scotts Miracle-Gro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (8.93%), BlackRock Inc. (7.19%), Price T Rowe Associates Inc. MD (4.70%), Greenvale Capital LLP (0.00%), State Street Corp (2.26%) and Fisher Asset Management LLC (1.26%). Insiders that own company stock include Adam Hanft, David C Evans, Denise Stump, Hagedorn Partnership, LP, Ivan C Smith, James D King, James Hagedorn, John R Vines, Katherine Littlefield Hagedorn, Michael C Lukemire, Peter E Shumlin, Robert Hagedorn, 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. What is Scotts Miracle-Gro's stock price today? One share of SMG stock can currently be purchased for approximately $64.92. How much money does Scotts Miracle-Gro make? Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $3.64 billion and generates $3.92 billion in revenue each year. The basic materials company earns $-437,500,000.00 in net income (profit) each year or ($11.21) on an earnings per share basis. How many employees does Scotts Miracle-Gro have? The company employs 6,100 workers across the globe. How can I contact Scotts Miracle-Gro? Scotts Miracle-Gro's mailing address is 14111 SCOTTSLAWN ROAD, MARYSVILLE OH, 43041. The official website for the company is www.scotts.com. The basic materials company can be reached via phone at (937) 644-0011, via email at investor@scotts.com, or via fax at 937-578-5754. This page (NYSE:SMG) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Scotts Miracle-Gro Company Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.