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

Scotts Miracle-Gro's stock was trading at $104.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SMG shares have increased by 1.4% and is now trading at $105.66. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scotts Miracle-Gro in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Scotts Miracle-Gro.

Scotts Miracle-Gro is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Scotts Miracle-Gro.

Scotts Miracle-Gro Co (NYSE:SMG) released its earnings results on Wednesday, January, 29th. The basic materials company reported ($1.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.24) by $0.12. The basic materials company had revenue of $365.80 million for the quarter, compared to the consensus estimate of $345.32 million. Scotts Miracle-Gro had a return on equity of 38.31% and a net margin of 14.54%. The company's revenue was up 22.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.39) earnings per share. View Scotts Miracle-Gro's earnings history.

Scotts Miracle-Gro declared a quarterly dividend on Monday, January 27th. Investors of record on Tuesday, February 25th will be paid a dividend of $0.58 per share on Tuesday, March 10th. This represents a $2.32 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Monday, February 24th. View Scotts Miracle-Gro's dividend history.

Scotts Miracle-Gro issued an update on its second quarter 2020 After-Hours earnings guidance on Thursday, March, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.38-1.392 billion, compared to the consensus revenue estimate of $1.24 billion.

5 equities research analysts have issued twelve-month target prices for Scotts Miracle-Gro's shares. Their forecasts range from $99.00 to $115.00. On average, they anticipate Scotts Miracle-Gro's stock price to reach $110.20 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View analysts' price targets for Scotts Miracle-Gro.

News coverage about SMG stock has been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scotts Miracle-Gro earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutScotts Miracle-Gro.

Scotts Miracle-Gro saw a decline in short interest in February. As of February 28th, there was short interest totaling 1,600,000 shares, a decline of 7.5% from the February 13th total of 1,730,000 shares. Based on an average trading volume of 397,200 shares, the days-to-cover ratio is currently 4.0 days. Approximately 4.0% of the company's 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), Israel Chemicals (ICL), Mosaic (MOS), Nufarm (NUF), American Vanguard (AVD), Marrone Bio Innovations (MBII), Calyxt (CLXT), CVR Partners (UAN), Wynnstay Group (WYN), Eden Research (EDEN), Evogene (EVGN), Arcadia Biosciences (RKDA), China Green Agriculture (CGA) 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMG."

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 $105.66.

Scotts Miracle-Gro has a market capitalization of $5.87 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]