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S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
S&P 500   4,117.86
DOW   33,949.01
QQQ   304.37
Is SoundHound Voice AI the Next Big Thing?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
CVS Health Corporation Is Coiled And Ready To Spring Higher 
Double Meat: Beyond Meat Could Be 2023’s Next Two-Bagger
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
3 Solar-Energy Stocks Setting Up In Bullish Bases
V.F. Corporation Is A High-Yield Bargain Despite Dividend Cut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
TG Therapeutics Stock 300% Rally Has Legs Yet
Daqo New Energy Charged Up For New Highs
NYSE:SMG

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

$79.50
-1.31 (-1.62%)
(As of 02/8/2023 12:00 AM ET)
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Compare
Today's Range
$78.83
$80.47
50-Day Range
$46.45
$83.92
52-Week Range
$39.06
$145.26
Volume
657,408 shs
Average Volume
943,173 shs
Market Capitalization
$4.41 billion
P/E Ratio
N/A
Dividend Yield
3.26%
Price Target
$75.14

Scotts Miracle-Gro MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
5.5% Downside
$75.14 Price Target
Short Interest
Bearish
9.52% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.27mentions of Scotts Miracle-Gro in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$15.21 M Sold Last Quarter
Proj. Earnings Growth
38.49%
From $3.17 to $4.39 Per Share

Overall MarketRank

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

2.13 out of 5 stars

Basic Materials Sector

85th out of 161 stocks

Agricultural Chemicals Industry

6th out of 10 stocks

SMG stock logo

About Scotts Miracle-Gro (NYSE:SMG) Stock

Scotts 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.

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SMG Stock News Headlines

Scotts Miracle-Gro Hits Bottom, Reversal In Play
Scotts Miracle-Gro hit bottom and has a reversal in play that could take it higher, how much higher is the question for investors.
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Scotts Miracle-Gro's new CFO is a former Arconic exec
Scotts Miracle-Gro's new CFO is also a customer
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Scotts Miracle-Gro (NYSE:SMG) Price Target Raised to $60.00
Scotts Miracle-Gro (NYSE:SMG) Price Target Raised to $90.00
Scotts Miracle-Gro Q1 Loss Widens But Beats Estimates
ScottsMiracle-Gro Reports First Quarter Results
A Preview Of The Scotts Miracle Gro's Earnings
Scotts Miracle-Gro: Long-Term Growth Potential
See More Headlines
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SMG Company Calendar

Ex-Dividend for 12/9 Dividend
11/25/2022
Dividend Payable
12/09/2022
Last Earnings
2/01/2023
Today
2/08/2023
Ex-Dividend for 3/10 Dividend
2/23/2023
Dividend Payable
3/10/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Agricultural chemicals
Sub-Industry
Fertilizers & Agricultural Chemicals
CUSIP
81018610
Employees
6,100
Year Founded
1868

Price Target and Rating

Average Stock Price Forecast
$75.14
High Stock Price Forecast
$92.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
-5.5%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-437,500,000.00
Pretax Margin
-15.13%

Debt

Sales & Book Value

Annual Sales
$3.92 billion
Cash Flow
$5.93 per share
Book Value
$1.07 per share

Miscellaneous

Free Float
40,334,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
1.68

Social Links


Key Executives

  • James HagedornJames Hagedorn
    Chairman & Chief Executive Officer
  • Mike Lukemire
    President & Chief Operating Officer
  • Matthew Eric Garth
    Chief Financial Officer & Executive Vice President
  • Dave Swihart
    Head-Global Technology & Operations
  • Ivan C. SmithIvan C. Smith
    Secretary, Chief Cmp Officer, EVP & Gen Counsel













SMG Stock - Frequently Asked Questions

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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scotts Miracle-Gro in the last twelve months. There are currently 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMG, but not buy additional shares or sell existing shares.
View SMG analyst ratings
or view top-rated stocks.

What is Scotts Miracle-Gro's stock price forecast for 2023?

7 brokers have issued 1-year target prices for Scotts Miracle-Gro's shares. Their SMG share price forecasts range from $48.00 to $92.00. On average, they anticipate the company's share price to reach $75.14 in the next twelve months. This suggests that the stock has a possible downside of 5.5%.
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 at the start of the year. Since then, SMG stock has increased by 63.6% and is now trading at $79.50.
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 January. As of January 15th, there was short interest totaling 3,870,000 shares, an increase of 20.9% from the December 31st total of 3,200,000 shares. Based on an average trading volume of 880,900 shares, the short-interest ratio is currently 4.4 days. Currently, 9.5% of the company's shares 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 Tuesday, May 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, February, 1st. The basic materials company reported ($1.02) EPS for the quarter, topping analysts' consensus estimates of ($1.36) by $0.34. The basic materials company earned $526.60 million during the quarter, compared to analysts' expectations of $502.44 million. Scotts Miracle-Gro had a positive trailing twelve-month return on equity of 55.54% and a negative net margin of 11.64%. Scotts Miracle-Gro's quarterly revenue was down 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.88) 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 Monday, January 23rd. Investors of record on Friday, February 24th will be paid a dividend of $0.66 per share on Friday, March 10th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date is Thursday, February 23rd.
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 3.26%.
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 many different retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.32%), New York State Common Retirement Fund (0.95%), Envestnet Asset Management Inc. (0.51%), RWC Asset Management LLP (0.41%), Natixis Advisors L.P. (0.33%) and Olstein Capital Management L.P. (0.31%). 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 $79.50.

How much money does Scotts Miracle-Gro make?

Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $4.41 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 ($8.21) 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 2/9/2023 by MarketBeat.com Staff