NYSE:SMG Scotts Miracle-Gro - SMG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding The Scotts Miracle-Gro Company Please log in to your account or sign up in order to add this asset to your watchlist. $82.36 -1.56 (-1.86%) (As of 02/3/2023 12:19 PM ET) Add Compare Share Share Today's Range$80.04▼$83.8650-Day Range$46.45▼$83.9252-Week Range$39.06▼$145.26Volume475,598 shsAverage Volume941,574 shsMarket Capitalization$4.57 billionP/E RatioN/ADividend Yield3.28%Price Target$62.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Scotts Miracle-Gro MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside8.8% Downside$75.14 Price TargetShort InterestBearish9.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.74Upright™ Environmental ScoreNews Sentiment0.91Based on 21 Articles This WeekInsider TradingSelling Shares$11.17 M Sold Last QuarterProj. Earnings Growth25.76%From $3.61 to $4.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsBasic Materials Sector70th out of 159 stocksAgricultural Chemicals Industry5th out of 11 stocks 2.2 Analyst's Opinion Consensus RatingScotts Miracle-Gro has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.14, Scotts Miracle-Gro has a forecasted downside of 8.8% from its current price of $82.36.Amount of Analyst CoverageScotts Miracle-Gro has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.52% of the float of Scotts Miracle-Gro has been sold short.Short Interest Ratio / Days to CoverScotts Miracle-Gro has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Scotts Miracle-Gro has recently increased by 20.94%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldScotts Miracle-Gro pays a meaningful dividend of 3.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthScotts Miracle-Gro does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Scotts Miracle-Gro will have a dividend payout ratio of 58.15% next year. This indicates that Scotts Miracle-Gro will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreScotts Miracle-Gro has received a -15.40% net impact score from Upright. The largest negative impact of Scotts Miracle-Gro in category "GHG emissions" seems to be driven mostly by its "PK fertilizers", "Nitrogen fertilizers", "Potassium fertilizers", and "NPK fertilizers" products. See details.Environmental SustainabilityThe Environmental Impact score for Scotts Miracle-Gro is -3.74. Previous Next 3.3 News and Social Media Coverage News SentimentScotts Miracle-Gro has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Scotts Miracle-Gro this week, compared to 4 articles on an average week.Search Interest34 people have searched for SMG on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Scotts Miracle-Gro to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Scotts Miracle-Gro insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,174,189.00 in company stock.Percentage Held by Insiders27.28% of the stock of Scotts Miracle-Gro is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions68.98% of the stock of Scotts Miracle-Gro is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Scotts Miracle-Gro are expected to grow by 25.76% in the coming year, from $3.61 to $4.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scotts Miracle-Gro is -10.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Scotts Miracle-Gro is -10.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioScotts Miracle-Gro has a P/B Ratio of 76.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Scotts Miracle-Gro (NYSE:SMG) StockScotts 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.Read More Receive SMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Scotts Miracle-Gro and its competitors with MarketBeat's FREE daily newsletter. Email Address SMG Stock News HeadlinesFebruary 1, 2023 | marketbeat.comScotts Miracle-Gro Hits Bottom, Reversal In PlayScotts Miracle-Gro hit bottom and has a reversal in play that could take it higher, how much higher is the question for investors.February 3, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Price Target Raised to $60.00February 3, 2023 | PressReach (Ad)Biotech Stock AlertRead Small Pharma's depression clinical trial results.February 3, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Price Target Raised to $90.00February 2, 2023 | finance.yahoo.comThe Scotts Miracle-Gro Company (NYSE:SMG) Q1 2023 Earnings Call TranscriptFebruary 1, 2023 | msn.comScotts Miracle-Gro Q1 loss widens but tops Wall Street estimatesFebruary 1, 2023 | markets.businessinsider.comScotts Miracle-Gro Q1 Loss Widens But Beats EstimatesFebruary 1, 2023 | finance.yahoo.comScottsMiracle-Gro Reports First Quarter ResultsFebruary 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. 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February 1, 2023 | finance.yahoo.comScotts Miracle-Gro posts narrower-than-expected net loss and beats revenue markJanuary 31, 2023 | benzinga.comA Preview Of The Scotts Miracle Gro's EarningsJanuary 31, 2023 | msn.comWells Fargo Maintains Equal-Weight Rating for Scotts Miracle Gro: Here's What You Need To KnowJanuary 26, 2023 | finance.yahoo.comThe National Head Start Association and The Scotts Miracle-Gro Foundation Announce 2022-2023 GroMoreGood Garden GranteesJanuary 26, 2023 | americanbankingnews.comScotts Miracle-Gro (NYSE:SMG) Shares Gap Up After Dividend AnnouncementJanuary 24, 2023 | americanbankingnews.comBrokerages Set The Scotts Miracle-Gro Company (NYSE:SMG) PT at $58.57January 23, 2023 | finance.yahoo.comHere’s Why The Scotts Miracle-Gro Company (SMG) Declined in 2022January 22, 2023 | seekingalpha.comScotts Miracle-Gro: Long-Term Growth PotentialJanuary 18, 2023 | finance.yahoo.comScottsMiracle-Gro Announces Timing of First Quarter 2023 Financial Results and Conference CallJanuary 10, 2023 | thestreet.comScotts Miracle-Gro Stock To Go Ex-dividend Tuesday (SMG)January 9, 2023 | finance.yahoo.comThe Scotts Miracle-Gro FouScotts Miracle-Gro Foundation Welcomes Applications for 2023 GroMoreGood Grassroots Grant with KidsGardening with KidsGardening to Connect Children to Benefits of Gardening and GreenspacesJanuary 9, 2023 | finance.yahoo.comThe Scotts Miracle-Gro Foundation Welcomes Applications for 2023 GroMoreGood Grassroots Grant with KidsGardening to Connect Children to Benefits of Gardening and GreenspacesJanuary 5, 2023 | fool.comAfter Dropping Nearly 70%, Is It Time to Buy Scotts Miracle-Gro Stock Yet?January 4, 2023 | benzinga.comScotts Miracle Gro Stock (NYSE:SMG), Quotes and News SummaryDecember 26, 2022 | finance.yahoo.com11 Best Farmland and Agriculture Stocks To Buy Heading Into 2023December 19, 2022 | benzinga.comPaying Taxes With Duffel Bags Of Cash Like Scarface, Scotts Miracle-Gro CEO On Need For SAFE Banking ActDecember 6, 2022 | finance.yahoo.comWhy Scotts Miracle-Gro Stock Jumped 22% in NovemberDecember 2, 2022 | finance.yahoo.comScotts (SMG) Up 9.4% Since Last Earnings Report: Can It Continue?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Scotts Miracle-Gro and its competitors with MarketBeat's FREE daily newsletter. Email Address SMG Company Calendar Ex-Dividend for 12/9 Dividend11/25/2022Dividend Payable12/09/2022Last Earnings2/01/2023Today2/03/2023Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Next Earnings (Estimated)5/02/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Agricultural chemicals Sub-IndustryFertilizers & Agricultural Chemicals SectorBasic Materials Current SymbolNYSE:SMG CUSIP81018610 CIK825542 Webwww.scotts.com Phone(937) 644-0011Fax937-578-5754Employees6,100Year Founded1868Price Target and Rating Average Stock Price Forecast$75.14 High Stock Price Forecast$92.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside-24.5%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($8.21) Trailing P/E RatioN/A Forward P/E Ratio22.81 P/E GrowthN/ANet Income$-437,500,000.00 Net Margins-11.64% Pretax Margin-15.13% Return on Equity55.54% Return on Assets4.44% Debt Debt-to-Equity Ratio53.61 Current Ratio2.47 Quick Ratio0.66 Sales & Book Value Annual Sales$3.92 billion Price / Sales1.16 Cash Flow$6.19 per share Price / Cash Flow13.31 Book Value$1.07 per share Price / Book76.97Miscellaneous Outstanding Shares55,470,000Free Float40,334,000Market Cap$4.57 billion OptionableOptionable Beta1.68 Social Links Key ExecutivesJames HagedornChairman & Chief Executive OfficerMike LukemirePresident & Chief Operating OfficerMatthew Eric GarthChief Financial Officer & Executive Vice PresidentDave SwihartHead-Global Technology & OperationsIvan C. SmithSecretary, Chief Cmp Officer, EVP & Gen CounselKey CompetitorsCF IndustriesNYSE:CFMosaicNYSE:MOSICL GroupNYSE:ICLAlamos GoldNYSE:AGIBalchemNASDAQ:BCPCView All CompetitorsInsiders & InstitutionsLeeward Investments LLC MASold 813 shares on 2/2/2023Ownership: 0.121%Nisa Investment Advisors LLCSold 8,059 shares on 2/2/2023Ownership: 0.061%SG Americas Securities LLCBought 1,714 shares on 2/2/2023Ownership: 0.021%Simplicity Solutions LLCSold 229 shares on 2/2/2023Ownership: 0.012%ProShare Advisors LLCBought 4,284 shares on 2/2/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions 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 year. 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 Wall Street research analysts have issued 1 year target prices for Scotts Miracle-Gro's stock. Their SMG share price forecasts range from $48.00 to $92.00. On average, they anticipate the company's stock price to reach $75.14 in the next year. This suggests that the stock has a possible downside of 10.5%. 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 beginning of the year. Since then, SMG shares have increased by 72.7% and is now trading at $83.92. View the best growth stocks for 2023 here. Are investors shorting Scotts Miracle-Gro? Scotts Miracle-Gro saw a increase in short interest in 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 daily volume of 880,900 shares, the days-to-cover ratio is currently 4.4 days. Approximately 9.5% of the shares of the stock 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) announced its earnings results on Wednesday, February, 1st. The basic materials company reported ($1.02) earnings per share for the quarter, topping the consensus estimate of ($1.36) by $0.34. The basic materials company earned $526.60 million during the quarter, compared to analyst estimates 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 revenue was down 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($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. Stockholders of record on Friday, February 24th will be given a dividend of $0.66 per share on Friday, March 10th. This represents a $2.64 annualized dividend and a yield of 3.15%. 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 3.28%. 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 investors include New York State Common Retirement Fund (0.95%), RWC Asset Management LLP (0.41%), Natixis Advisors L.P. (0.33%), Janney Montgomery Scott LLC (0.21%), CWM LLC (0.13%) and Leeward Investments LLC MA (0.12%). 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 $83.92. How much money does Scotts Miracle-Gro make? Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $4.66 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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