NYSE:SMGScotts Miracle-Gro Stock Price, Forecast & News

Scotts Miracle-Gro's stock was trading at $104.24 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SMG stock has increased by 36.4% and is now trading at $142.21. View which stocks have been most impacted by Coronavirus.

6 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 3 buy ratings 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, July 29th 2020. View our earnings forecast for Scotts Miracle-Gro.

Scotts Miracle-Gro will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Scotts Miracle-Gro Co (NYSE:SMG) issued its earnings results on Wednesday, May, 6th. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.18 by $0.32. The basic materials company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.32 billion. Scotts Miracle-Gro had a return on equity of 42.92% and a net margin of 9.49%. The business's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.64 EPS. View Scotts Miracle-Gro's earnings history.

Scotts Miracle-Gro announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.58 per share on Wednesday, June 10th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Tuesday, May 26th. View Scotts Miracle-Gro's dividend history.

Scotts Miracle-Gro issued an update on its FY20 earnings guidance on Monday, June, 8th. The company provided EPS guidance of 5.65-5.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.40. The company issued revenue guidance of $3.66-3.72, compared to the consensus revenue estimate of $3.44 billion.

6 brokers have issued 1 year price objectives for Scotts Miracle-Gro's stock. Their forecasts range from $99.00 to $152.00. On average, they anticipate Scotts Miracle-Gro's stock price to reach $124.80 in the next twelve months. This suggests that the stock has a possible downside of 12.2%. View analysts' price targets for Scotts Miracle-Gro.

News stories about SMG stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Scotts Miracle-Gro earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Scotts Miracle-Gro.

Scotts Miracle-Gro saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 850,000 shares, a decrease of 10.8% from the May 31st total of 953,000 shares. Based on an average daily volume of 544,300 shares, the short-interest ratio is currently 1.6 days. Currently, 2.1% 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), Mosaic (MOS), Nufarm (NUF), American Vanguard (AVD), Marrone Bio Innovations (MBII), Calyxt (CLXT), CVR Partners (UAN), Wynnstay Group (WYN), Arcadia Biosciences (RKDA), Eden Research (EDEN), Evogene (EVGN), Bion Environmental Technologies (BNET), China Green Agriculture (CGA) and SenesTech (SNES). View all competitors.

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), Canopy Growth (CGC), Accenture (ACN) and Honeywell International (HON).

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

Scotts Miracle-Gro's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.40%), Investment House LLC (0.39%), Envestnet Asset Management Inc. (0.24%), Rockland Trust Co. (0.17%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.03%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own Scotts Miracle-Gro stock include Adam Hanft, Denise Stump, Hagedorn Partnership, LP, James D King, James Hagedorn, Katherine Littlefield Hagedorn, Michael C Lukemire, Nancy G Mistretta, Robert Hagedorn, 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 Connecticut Wealth Management LLC, 6 Meridian, Investment House LLC, AdvisorShares Investments LLC, Curbstone Financial Management Corp, Bedel Financial Consulting Inc., and Park National Corp OH. 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, Robert Hagedorn, Stephen L Johnson, Thomas N Kelly Jr, and Thomas Randal Coleman. View insider buying and selling activity for Scotts Miracle-Gro.

SMG stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Envestnet Asset Management Inc., Alpha Windward LLC, Private Trust Co. NA, Contravisory Investment Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, Rockland Trust Co., and CENTRAL TRUST Co. View insider buying and selling activity 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 $142.21.

Scotts Miracle-Gro has a market capitalization of $7.89 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.

The official website for Scotts Miracle-Gro is 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]