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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
"The Bull Market Is Officially OVER"  (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
"The Bull Market Is Officially OVER"  (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
"The Bull Market Is Officially OVER"  (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
NYSE:SMG

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

$50.49
-2.26 (-4.28%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$50.47
$53.76
50-Day Range
$40.24
$63.91
52-Week Range
$39.06
$167.09
Volume
697,344 shs
Average Volume
795,007 shs
Market Capitalization
$2.80 billion
P/E Ratio
N/A
Dividend Yield
5.00%
Price Target
$58.57

Scotts Miracle-Gro MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
16.0% Upside
$58.57 Price Target
Short Interest
Bearish
9.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.88
Upright™ Environmental Score
News Sentiment
0.38mentions of Scotts Miracle-Gro in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$8.14 M Sold Last Quarter
Proj. Earnings Growth
27.42%
From $3.61 to $4.60 Per Share

Overall MarketRank

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

2.48 out of 5 stars

Basic Materials Sector

81st out of 164 stocks

Agricultural Chemicals Industry

6th out of 9 stocks

SMG stock logo

About Scotts Miracle-Gro (NYSE:SMG) Stock

The Scotts Miracle-Gro Company engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other. It 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 include 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 lives goods and seeding solutions. The company 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. It sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Osmocote, Shake 'N Feed, Hyponex, Earthgro, SuperSoil, Fafard, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, Hydroponics, Vermicrop, Gavita, Agrolux, Can-Filters, Sun System, Gro Pro, Hurricane, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. The company 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.

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SMG Stock News Headlines

3 High Yields The Institutions Are Buying  (SMG)
Why Scotts Miracle-Gro Stock Jumped 22% in November
Scotts Miracle Gro Insider Trades Send a Signal
Director of Scotts Miracle Gro Sold $201K In Stock
ScottsMiracle-Gro Names Matthew Garth as CFO
Corrections & Amplifications
Scotts Miracle-Gro's (NYSE:SMG) Dividend Will Be $0.66
Where Scotts Miracle Gro Stands With Analysts
5 Analysts Have This to Say About Scotts Miracle Gro
Why Scotts Miracle-Gro Stock Jumped Today
See More Headlines
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SMG Company Calendar

Ex-Dividend for 9/9 Dividend
8/25/2022
Dividend Payable
9/09/2022
Last Earnings
11/02/2022
Ex-Dividend for 12/9 Dividend
11/25/2022
Today
12/08/2022
Dividend Payable
12/09/2022
Next Earnings (Estimated)
2/07/2023
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
$58.57
High Stock Price Forecast
$86.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+16.0%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-437,500,000.00
Pretax Margin
-14.22%

Debt

Sales & Book Value

Annual Sales
$3.92 billion
Cash Flow
$5.79 per share
Book Value
$2.67 per share

Miscellaneous

Free Float
40,318,000
Market Cap
$2.80 billion
Optionable
Optionable
Beta
1.48

Social Links


Key Executives

  • Mr. James S. HagedornMr. James S. Hagedorn (Age 67)
    CEO & Chairman
    Comp: $5.81M
  • Mr. Michael C. LukemireMr. Michael C. Lukemire (Age 64)
    Pres & COO
    Comp: $2.8M
  • Mr. David C. Evans (Age 59)
    Exec. VP, Interim CFO & Director
    Comp: $100k
  • Ms. Denise S. StumpMs. Denise S. Stump (Age 68)
    Exec. VP of Global Human Resource & Chief Ethics Officer
    Comp: $2.04M
  • Mr. Christopher J. Hagedorn (Age 37)
    Division Pres
    Comp: $1.89M
  • Mr. Ivan C. Smith Esq.Mr. Ivan C. Smith Esq. (Age 53)
    Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer
  • Mr. Josh Peoples
    Sr. VP & Chief Marketing Officer
  • Mr. Dave Swihart
    Sr. VP of R&D
  • Mr. Phil Jones
    Sr. VP of International Sales
  • Mr. Scott Hendrick
    Sr. VP of Global Supply Chain













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 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 1 year price objectives for Scotts Miracle-Gro's shares. Their SMG share price forecasts range from $45.00 to $86.00. On average, they anticipate the company's share price to reach $58.57 in the next year. This suggests a possible upside of 16.0% 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 2022?

Scotts Miracle-Gro's stock was trading at $161.00 on January 1st, 2022. Since then, SMG shares have decreased by 68.6% and is now trading at $50.49.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our SMG earnings forecast
.

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

The Scotts Miracle-Gro Company (NYSE:SMG) issued its quarterly earnings data on Wednesday, November, 2nd. The basic materials company reported ($2.04) earnings per share for the quarter, missing the consensus estimate of ($2.02) by $0.02. The basic materials company had revenue of $493.60 million for the quarter, compared to analyst estimates of $527.42 million. Scotts Miracle-Gro had a positive trailing twelve-month return on equity of 38.78% and a negative net margin of 11.15%.

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 Friday, November 4th. Investors of record on Monday, November 28th will be given a dividend of $0.66 per share on Friday, December 9th. This represents a $2.64 annualized dividend and a dividend yield of 5.23%. The ex-dividend date is Friday, November 25th.
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 5.00%. 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 variety of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (8.96%), Vanguard Group Inc. (7.67%), BlackRock Inc. (6.45%), Price T Rowe Associates Inc. MD (3.69%), State Street Corp (2.17%) and Fisher Asset Management LLC (1.34%). 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 $50.49.

How much money does Scotts Miracle-Gro make?

Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $2.80 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 ($7.94) 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 12/8/2022 by MarketBeat.com Staff