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Analysts Upgrade Ciena Corp to Strong Buy
Closing prices for crude oil, gold and other commodities
S&P 500   4,050.83
DOW   32,859.03
QQQ   315.68
Is SoFi Technologies a Buy in the Midst of a Banking Crisis?
Modern Day Options Trading For Beginners! (Ad)pixel
3 Companies That Just Started Paying Dividends
CloudFlare's Chart Shows Bullish Moving-Average Crossover
Modern Day Options Trading For Beginners! (Ad)pixel
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Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Analysts Upgrade Ciena Corp to Strong Buy
Closing prices for crude oil, gold and other commodities
S&P 500   4,050.83
DOW   32,859.03
QQQ   315.68
Is SoFi Technologies a Buy in the Midst of a Banking Crisis?
Modern Day Options Trading For Beginners! (Ad)pixel
3 Companies That Just Started Paying Dividends
CloudFlare's Chart Shows Bullish Moving-Average Crossover
Modern Day Options Trading For Beginners! (Ad)pixel
The Squeeze Is On For EVGo, Rally To Follow 
Alibaba Just Changed The Game For Chinese Tech Conglomerates
Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week) (Ad)pixel
Analysts Upgrade Ciena Corp to Strong Buy
Closing prices for crude oil, gold and other commodities
NYSE:SMG

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

$67.07
-1.06 (-1.56%)
(As of 03/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$66.95
$70.29
50-Day Range
$57.80
$87.19
52-Week Range
$39.06
$132.32
Volume
533,047 shs
Average Volume
635,023 shs
Market Capitalization
$3.75 billion
P/E Ratio
N/A
Dividend Yield
3.94%
Price Target
$83.00

Scotts Miracle-Gro MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
23.8% Upside
$83.00 Price Target
Short Interest
Healthy
6.72% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.74
Upright™ Environmental Score
News Sentiment
0.51mentions of Scotts Miracle-Gro in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$7.37 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.

2.79 out of 5 stars

Basic Materials Sector

21st out of 161 stocks

Agricultural Chemicals Industry

1st out of 9 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 Company (SMG) Receives a Buy from Barclays
Unusual Passive Income Investment (Found on a Golf Course)
Marc reveals how anyone can get into a similar opportunity for just $5.
SMG May 19th Options Begin Trading
ScottsMiracle-Gro to hold Fireside Chat with UBS
Unusual Passive Income Investment (Found on a Golf Course)
Marc reveals how anyone can get into a similar opportunity for just $5.
Scotts Miracle-Gro's new CFO is a former Arconic exec
Scotts Miracle-Gro's new CFO is also a customer
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

Last Earnings
2/01/2023
Ex-Dividend for 3/10 Dividend
2/23/2023
Dividend Payable
3/10/2023
Today
3/30/2023
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
$83.00
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
+23.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$3.88 billion
Cash Flow
$5.95 per share
Book Value
$2.67 per share

Miscellaneous

Free Float
40,691,000
Market Cap
$3.75 billion
Optionable
Optionable
Beta
1.66

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 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 Wall Street research analysts have issued 12-month price targets for Scotts Miracle-Gro's shares. Their SMG share price forecasts range from $48.00 to $105.00. On average, they predict the company's stock price to reach $83.00 in the next year. This suggests a possible upside of 23.8% 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 at the start of the year. Since then, SMG shares have increased by 38.0% and is now trading at $67.07.
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 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) announced its earnings results on Wednesday, February, 1st. The basic materials company reported ($1.02) earnings per share (EPS) for the quarter, beating 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%. The firm's revenue for the quarter was down 7.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.88) 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 Monday, January 23rd. Shareholders 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 annualized dividend and a yield of 3.94%. The ex-dividend date of this dividend 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 3.99%. 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 Honeywell International (HON).

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 investors include Price T Rowe Associates Inc. MD (5.95%), Earnest Partners LLC (5.94%), Wells Fargo & Company MN (1.56%), Morgan Stanley (1.55%), Fisher Asset Management LLC (1.32%) and Personal Capital Advisors Corp (1.13%). 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 $67.07.

How much money does Scotts Miracle-Gro make?

Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $3.75 billion and generates $3.88 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 3/31/2023 by MarketBeat.com Staff