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PFE   33.75 (+1.75%)
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NYSE:SMG

Scotts Miracle-Gro (SMG) Stock Forecast, Price & News

$47.99
-3.69 (-7.14%)
(As of 02:50 PM ET)
Compare
Today's Range
$47.77
▼
$51.32
50-Day Range
$49.80
▼
$71.46
52-Week Range
$39.06
▼
$88.61
Volume
573,636 shs
Average Volume
766,889 shs
Market Capitalization
$2.70 billion
P/E Ratio
N/A
Dividend Yield
5.50%
Price Target
$67.86
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Scotts Miracle-Gro MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
36.6% Upside
$67.86 Price Target
Short Interest
Bearish
7.87% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.02
Upright™ Environmental Score
News Sentiment
1.08mentions of Scotts Miracle-Gro in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$6.66 M Sold Last Quarter
Proj. Earnings Growth
168.42%
From $1.14 to $3.06 Per Share

Overall MarketRank™

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

2.54 out of 5 stars

Basic Materials Sector

54th out of 167 stocks

Agricultural Chemicals Industry

4th out of 9 stocks

See Top Rated MarketRank™ Stocks Here

SMG stock logo

About Scotts Miracle-Gro (NYSE:SMG) Stock

The Scotts Miracle-Gro Company is involved in the manufacture, marketing, and sale of 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, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products; gardening and landscape products comprising water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It also 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, Vermicrop, Cyco, Gavita, Agrolux, HydroLogic, Can-Filters, Gro Pro, Hurricane, 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 company was founded in 1868 and is headquartered in Marysville, Ohio.

SMG Price History

SMG Stock News Headlines

September 27, 2023 | marketwatch.com
Scotts Miracle-Gro President, Human-Resources Chief Retiring
September 27, 2023 | finance.yahoo.com
ScottsMiracle-Gro Announces Executive Team Retirements and Reorganization
October 2, 2023 | Chaikin Analytics (Ad)
Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
September 26, 2023 | americanbankingnews.com
The Scotts Miracle-Gro Company (NYSE:SMG) Given Consensus Rating of "Moderate Buy" by Analysts
September 11, 2023 | finance.yahoo.com
Eleventh-Hour Climbers: 7 Stocks Gearing Up for a Late Summer Surge
September 5, 2023 | markets.businessinsider.com
What 6 Analyst Ratings Have To Say About Scotts Miracle Gro
September 5, 2023 | msn.com
Barclays Maintains Scotts Miracle-Gro Company - (SMG) Equal-Weight Recommendation
September 1, 2023 | finance.yahoo.com
Scotts (SMG) Up 0.5% Since Last Earnings Report: Can It Continue?
October 2, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
August 30, 2023 | markets.businessinsider.com
Truist Financial Reaffirms Their Buy Rating on Scotts Miracle-Gro Company (SMG)
August 29, 2023 | finance.yahoo.com
Scotts Miracle-Gro promotes COO from within as president plans retirement
August 28, 2023 | markets.businessinsider.com
ScottsMiracle-Gro Promotes Nate Baxter To Succeed Mike Lukemire As COO
August 28, 2023 | finance.yahoo.com
ScottsMiracle-Gro Announces Promotion of Nate Baxter to COO; Mike Lukemire to Remain President Until Retirement in Fiscal 2024
August 23, 2023 | benzinga.com
Scotts Miracle Gro 10% Owner Sold $3.56M In Company Stock
August 22, 2023 | finance.yahoo.com
ScottsMiracle-Gro to hold Fireside Chat with Barclays
August 21, 2023 | seekingalpha.com
The Scotts Miracle-Gro: Real Concerns In A Stormy Environment
August 15, 2023 | finance.yahoo.com
3 Cannabis Stocks With Dividends Worth Rolling Into Your Portfolio
August 4, 2023 | msn.com
Raymond James Maintains Scotts Miracle-Gro Company - (SMG) Strong Buy Recommendation
August 4, 2023 | finance.yahoo.com
Scotts Miracle-Gro (SMG) Q3 Earnings & Sales Lag Estimates
August 3, 2023 | msn.com
Truist Securities Maintains Scotts Miracle-Gro Company - (SMG) Buy Recommendation
August 3, 2023 | finance.yahoo.com
Scotts seeks 'non-cash partnerships' for cannabis business, teases partial spinout
August 3, 2023 | msn.com
Scotts Miracle-Gro falls to 4-week low after earnings miss
August 3, 2023 | msn.com
Scotts Miracle-Gro (NYSE:SMG) Shrivels After Quarterly Results
August 3, 2023 | finance.yahoo.com
Scotts Miracle-Gro (SMG) Q3 2023 Earnings Call Transcript
August 2, 2023 | finance.yahoo.com
Scotts (SMG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
August 2, 2023 | finance.yahoo.com
Why Scotts Miracle-Gro Stock Was Shriveling Today
August 2, 2023 | markets.businessinsider.com
Scotts Miracle-Gro Q3 Earnings Miss Estimates; Stock Down 6% In Pre-market
See More Headlines
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SMG Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 9/8 Dividend
8/24/2023
Dividend Payable
9/08/2023
Today
10/02/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
9/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Agricultural chemicals
Sub-Industry
Fertilizers & Agricultural Chemicals
Sector
Basic Materials
Current Symbol
NYSE:SMG
CUSIP
81018610
CIK
825542
Web
www.scotts.com
Phone
(937) 644-0011
Fax
937-578-5754
Employees
6,100
Year Founded
1868

Price Target and Rating

Average Stock Price Forecast
$67.86
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+31.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($2.43)
Trailing P/E Ratio
N/A
Forward P/E Ratio
45.33
P/E Growth
N/A
Net Income
$-437,500,000.00
Net Margins
-3.59%
Pretax Margin
-4.47%
Return on Equity
91.85%
Return on Assets
2.41%

Debt

Debt-to-Equity Ratio
19.50
Current Ratio
1.69
Quick Ratio
1.03

Sales & Book Value

Annual Sales
$3.92 billion
Price / Sales
0.74
Cash Flow
$6.05 per share
Price / Cash Flow
8.54
Book Value
$2.67 per share
Price / Book
19.36

Miscellaneous

Outstanding Shares
56,160,000
Free Float
40,837,000
Market Cap
$2.90 billion
Optionable
Optionable
Beta
1.65

Social Links

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Key Executives

  • Mr. James S. HagedornMr. James S. Hagedorn (Age 68)
    CEO & Chairman
    Comp: $2.17M
  • Mr. Michael C. LukemireMr. Michael C. Lukemire (Age 65)
    Pres
    Comp: $1.18M
  • Ms. Denise S. StumpMs. Denise S. Stump (Age 69)
    Exec. VP of Global Human Resource & Chief Ethics Officer
    Comp: $1.07M
  • Mr. Christopher J. Hagedorn (Age 38)
    Exec. VP & Division Pres of Hawthorne Gardening Company
    Comp: $622.71k
  • Mr. Matthew E. Garth (Age 49)
    Exec. VP & CFO
  • Mr. Nate Baxter (Age 50)
    Chief Operating Officer
  • Ms. Aimee DeLuca
    Sr. VP of Investor Relations
  • Mr. Dimiter Todorov
    EVP, Gen. Counsel, Corp. Sec. and Chief Compliance Officer
  • Mr. Josh Peoples
    Sr. VP & Chief Marketing Officer
  • Mr. Dave Swihart
    Sr. VP of R&D

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SMG Stock - Frequently Asked Questions

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

7 Wall Street 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 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 forecast for 2023?

7 equities research analysts have issued 12-month target prices for Scotts Miracle-Gro's stock. Their SMG share price forecasts range from $55.00 to $80.00. On average, they expect the company's share price to reach $67.86 in the next year. This suggests a possible upside of 31.3% 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 shares have increased by 6.4% and is now trading at $51.68.
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, November 1st 2023.
View our SMG earnings forecast.

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

The Scotts Miracle-Gro Company (NYSE:SMG) announced its quarterly earnings data on Wednesday, August, 2nd. The basic materials company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by $0.24. The basic materials company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.15 billion. Scotts Miracle-Gro had a negative net margin of 3.59% and a positive trailing twelve-month return on equity of 91.85%. The company's quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.98 EPS.

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, August 1st. Stockholders of record on Friday, August 25th will be given a dividend of $0.66 per share on Friday, September 8th. This represents a $2.64 annualized dividend and a yield of 5.11%. The ex-dividend date of this dividend is Thursday, August 24th.
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 AXS Cannabis ETF (THCX), Cambria Cannabis ETF (TOKE), Aztlan Global Stock Selection DM SMID ETF (AZTD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), Syntax Stratified MidCap ETF (SMDY), ETFMG Alternative Harvest ETF (MJ) 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 5.11%. 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 guidance has Scotts Miracle-Gro issued on next quarter's earnings?

Scotts Miracle-Gro updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.49 billion-$3.53 billion, compared to the consensus revenue estimate of $3.68 billion.

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."

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 $51.68.

How much money does Scotts Miracle-Gro make?

Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $2.90 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 ($2.43) 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 10/2/2023 by MarketBeat.com Staff

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