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

Scotts Miracle-Gro trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMG."

Scotts Miracle-Gro announced a quarterly dividend on Monday, January 27th. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.58 per share on Tuesday, March 10th. This represents a $2.32 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend is Monday, February 24th. View Scotts Miracle-Gro's Dividend History.

Scotts Miracle-Gro Co (NYSE:SMG) issued its quarterly earnings data on Wednesday, January, 29th. The basic materials company reported ($1.12) EPS for the quarter, topping analysts' consensus estimates of ($1.24) by $0.12. The basic materials company had revenue of $365.80 million for the quarter, compared to analysts' expectations of $345.32 million. Scotts Miracle-Gro had a return on equity of 38.31% and a net margin of 14.54%. Scotts Miracle-Gro's quarterly revenue was up 22.7% on a year-over-year basis. During the same period last year, the business earned ($1.39) earnings per share. View Scotts Miracle-Gro's Earnings History.

Scotts Miracle-Gro is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Scotts Miracle-Gro.

Scotts Miracle-Gro updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided earnings per share guidance of $4.95-5.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.03. The company issued revenue guidance of $3.28-3.35 billion, compared to the consensus revenue estimate of $3.30 billion.

5 analysts have issued twelve-month price targets for Scotts Miracle-Gro's stock. Their forecasts range from $77.10 to $120.00. On average, they expect Scotts Miracle-Gro's stock price to reach $103.82 in the next year. This suggests that the stock has a possible downside of 15.5%. View Analyst Price Targets for Scotts Miracle-Gro.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scotts Miracle-Gro in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Scotts Miracle-Gro.

Media headlines about SMG stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Scotts Miracle-Gro earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Scotts Miracle-Gro.

Scotts Miracle-Gro saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,450,000 shares, a drop of 15.5% from the January 15th total of 2,900,000 shares. Based on an average daily volume of 377,600 shares, the days-to-cover ratio is presently 6.5 days. Currently, 6.1% of the shares of the stock are short sold. View Scotts Miracle-Gro's Current Options Chain.

Some companies that are related to Scotts Miracle-Gro include Nutrien (NTR), CF Industries (CF), Mosaic (MOS), Israel Chemicals (ICL), Nufarm (NUF), American Vanguard (AVD), CVR Partners (UAN), Calyxt (CLXT), Marrone Bio Innovations (MBII), Wynnstay Group (WYN), Arcadia Biosciences (RKDA), Evogene (EVGN), China Green Agriculture (CGA), Eden Research (EDEN) and Bion Environmental Technologies (BNET).

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), Canopy Growth (CGC), Micron Technology (MU), YY (YY) and Accenture (ACN).

Scotts Miracle-Gro's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (4.94%), First Eagle Investment Management LLC (2.87%), Earnest Partners LLC (2.41%), State Street Corp (1.75%), Los Angeles Capital Management & Equity Research Inc. (1.30%) and Bank of New York Mellon Corp (1.16%). Company insiders that own Scotts Miracle-Gro stock include Adam Hanft, Brian D Finn, Denise Stump, Hagedorn Partnership, LP, James D King, James Hagedorn, Katherine Littlefield Hagedorn, Michael C Lukemire, Nancy G Mistretta, Stephen L Johnson, Thomas N Kelly Jr and Thomas Randal Coleman. View Institutional Ownership Trends for Scotts Miracle-Gro.

SMG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FIL Ltd, UBS Asset Management Americas Inc., Prudential Financial Inc., Cubist Systematic Strategies LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp and Man Group plc. Company insiders that have sold Scotts Miracle-Gro company stock in the last year include Adam Hanft, Denise Stump, Hagedorn Partnership, LP, James D King, James Hagedorn, Katherine Littlefield Hagedorn, Michael C Lukemire, Nancy G Mistretta, Stephen L Johnson, Thomas N Kelly Jr and Thomas Randal Coleman. View Insider Buying and Selling for Scotts Miracle-Gro.

SMG stock was bought by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Bank of America Corp DE, Assetmark Inc., Earnest Partners LLC, Maverick Capital Ltd., Sei Investments Co., Kayne Anderson Rudnick Investment Management LLC and Landscape Capital Management L.L.C.. View Insider Buying and Selling for Scotts Miracle-Gro.

Shares of SMG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SMG stock can currently be purchased for approximately $122.89.

Scotts Miracle-Gro has a market capitalization of $6.83 billion and generates $3.16 billion in revenue each year. The basic materials company earns $460.70 million in net income (profit) each year or $4.47 on an earnings per share basis. Scotts Miracle-Gro employs 5,600 workers across the globe.View Additional Information About Scotts Miracle-Gro.

The official website for Scotts Miracle-Gro is http://www.scotts.com/.

Scotts Miracle-Gro's mailing address is 14111 SCOTTSLAWN ROAD, MARYSVILLE OH, 43041. The basic materials company can be reached via phone at 937-644-0011 or via email at [email protected]