The Scotts Miracle-Gro Stock Forecast, Price & News

+2.29 (+1.31 %)
(As of 08/3/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume488,755 shs
Average Volume402,731 shs
Market Capitalization$9.85 billion
P/E Ratio18.65
Dividend Yield1.40%
30 days | 90 days | 365 days | Advanced Chart
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The Scotts Miracle-Gro logo

About The Scotts Miracle-Gro

Scotts Miracle-Gro Co. engages in the manufacture, marketing, and distribution of systems and accessories for hydroponic gardening. It operates through the following segments: U.S. Consumer, Hawthorne, and Other. The U.S. Consumer segment consists of consumer lawn and garden business. The Hawthorn segment includes indoor, urban, and hydroponic gardening business. The Other segment refers to the consumer lawn and garden business in geographies other than the U.S. and product sales to commercial nurseries, greenhouses, and other professional customers. The company was founded by Orlando McLean Scott in 1868 and is headquartered in Marysville, OH.


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Industry, Sector and Symbol

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Overall MarketRank

3.62 out of 5 stars

Basic Materials Sector

1st out of 222 stocks

Agricultural Chemicals Industry

1st out of 14 stocks

Analyst Opinion: 4.5Community Rank: 4.0Dividend Strength: 4.2Insider Behavior: 4.2Valuation: 1.3 5 -4 -3 -2 -1 -
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The Scotts Miracle-Gro (NYSE:SMG) Frequently Asked Questions

Is The Scotts Miracle-Gro a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Scotts Miracle-Gro in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" The Scotts Miracle-Gro stock.
View analyst ratings for The Scotts Miracle-Gro
or view top-rated stocks.

What stocks does MarketBeat like better than The Scotts Miracle-Gro?

Wall Street analysts have given The Scotts Miracle-Gro a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Scotts Miracle-Gro wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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

The Scotts Miracle-Gro is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for The Scotts Miracle-Gro

How can I listen to The Scotts Miracle-Gro's earnings call?

The Scotts Miracle-Gro will be holding an earnings conference call on Wednesday, August 4th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-203-1112 with passcode "2106695".

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

The Scotts Miracle-Gro Company (NYSE:SMG) posted its quarterly earnings results on Wednesday, May, 5th. The basic materials company reported $5.64 EPS for the quarter, beating the consensus estimate of $5.51 by $0.13. The basic materials company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.72 billion. The Scotts Miracle-Gro had a net margin of 10.91% and a trailing twelve-month return on equity of 67.91%. The Scotts Miracle-Gro's quarterly revenue was up 32.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.50 EPS.
View The Scotts Miracle-Gro's earnings history

How has The Scotts Miracle-Gro's stock been impacted by Coronavirus (COVID-19)?

The 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. Since then, SMG shares have increased by 69.6% and is now trading at $176.81.
View which stocks have been most impacted by COVID-19

How often does The Scotts Miracle-Gro pay dividends? What is the dividend yield for The Scotts Miracle-Gro?

The Scotts Miracle-Gro declared a quarterly dividend on Monday, August 2nd. Shareholders of record on Friday, August 27th will be paid a dividend of $0.66 per share on Friday, September 10th. This represents a $2.64 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, August 26th. This is an increase from The Scotts Miracle-Gro's previous quarterly dividend of $0.62.
View The Scotts Miracle-Gro's dividend history

Is The Scotts Miracle-Gro a good dividend stock?

The Scotts Miracle-Gro pays an annual dividend of $2.48 per share and currently has a dividend yield of 1.40%. The Scotts Miracle-Gro has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of The Scotts Miracle-Gro is 34.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Scotts Miracle-Gro will have a dividend payout ratio of 27.62% next year. This indicates that The Scotts Miracle-Gro will be able to sustain or increase its dividend.
View The Scotts Miracle-Gro's dividend history.

What guidance has The Scotts Miracle-Gro issued on next quarter's earnings?

The Scotts Miracle-Gro issued an update on its FY 2021 earnings guidance on Tuesday, June, 29th. The company provided EPS guidance of $9.000-$9.300 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.150. The company issued revenue guidance of $4.83 billion-$4.92 billion, compared to the consensus revenue estimate of $4.76 billion.

What price target have analysts set for SMG?

8 brokers have issued 1 year target prices for The Scotts Miracle-Gro's stock. Their forecasts range from $198.00 to $270.00. On average, they expect The Scotts Miracle-Gro's share price to reach $232.88 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price.
View analysts' price targets for The Scotts Miracle-Gro
or view top-rated stocks among Wall Street analysts.

Who are The Scotts Miracle-Gro's key executives?

The Scotts Miracle-Gro's management team includes the following people:
  • James Hagedorn, Chairman & Chief Executive Officer
  • Mike Lukemire, President & Chief Operating Officer
  • Cory J. Miller, Chief Financial Officer & Executive Vice President
  • Dave Swihart, Head-Global Technology & Operations
  • Mark Slavens, Head-Research & Development

What is Jim Hagedorn's approval rating as The Scotts Miracle-Gro's CEO?

284 employees have rated The Scotts Miracle-Gro CEO Jim Hagedorn on Glassdoor.com. Jim Hagedorn has an approval rating of 95% among The Scotts Miracle-Gro's employees. This puts Jim Hagedorn in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of The Scotts Miracle-Gro's key competitors?

What other stocks do shareholders of The Scotts Miracle-Gro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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), (CGC), AutoZone (AZO) and Honeywell International (HON).

What is The Scotts Miracle-Gro's stock symbol?

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

Who are The Scotts Miracle-Gro's major shareholders?

The Scotts Miracle-Gro's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (1.31%), Victory Capital Management Inc. (0.74%), New York State Common Retirement Fund (0.48%), RWC Asset Management LLP (0.20%), Boston Financial Mangement LLC (0.15%) and Hosking Partners LLP (0.14%). Company insiders that own The Scotts Miracle-Gro stock include Adam Hanft, Denise Stump, Hagedorn Partnership, LP, Ivan C Smith, James D King, James Hagedorn, John R Vines, Katherine Littlefield Hagedorn, Michael C Lukemire, Nancy G Mistretta, Peter E Shumlin, Robert Hagedorn, Stephen L Johnson, Susan Hagedorn and Thomas N Kelly Jr.
View institutional ownership trends for The Scotts Miracle-Gro

Which institutional investors are selling The Scotts Miracle-Gro stock?

SMG stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Fisher Asset Management LLC, RWC Asset Management LLP, Victory Capital Management Inc., Calamos Advisors LLC, Alliancebernstein L.P., Advisor Group Holdings Inc., and State of Michigan Retirement System. Company insiders that have sold The Scotts Miracle-Gro company stock in the last year include Denise Stump, Ivan C Smith, James D King, James Hagedorn, John R Vines, Katherine Littlefield Hagedorn, Michael C Lukemire, Peter E Shumlin, Stephen L Johnson, and Susan Hagedorn.
View insider buying and selling activity for The Scotts Miracle-Gro
or view top insider-selling stocks.

Which institutional investors are buying The Scotts Miracle-Gro stock?

SMG stock was bought by a variety of institutional investors in the last quarter, including Davy Global Fund Management Ltd, Mckinley Capital Management LLC Delaware, DAVENPORT & Co LLC, Trinity Legacy Partners LLC, North Star Investment Management Corp., Boston Financial Mangement LLC, CHICAGO TRUST Co NA, and Yorktown Management & Research Co Inc.
View insider buying and selling activity for The Scotts Miracle-Gro
or or view top insider-buying stocks.

How do I buy shares of The 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Scotts Miracle-Gro's stock price today?

One share of SMG stock can currently be purchased for approximately $176.81.

How much money does The Scotts Miracle-Gro make?

The Scotts Miracle-Gro has a market capitalization of $9.85 billion and generates $4.13 billion in revenue each year. The basic materials company earns $387.40 million in net income (profit) each year or $7.24 on an earnings per share basis.

How many employees does The Scotts Miracle-Gro have?

The Scotts Miracle-Gro employs 5,932 workers across the globe.

When was The Scotts Miracle-Gro founded?

The Scotts Miracle-Gro was founded in 1868.

What is The Scotts Miracle-Gro's official website?

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

Where are The Scotts Miracle-Gro's headquarters?

The Scotts Miracle-Gro is headquartered at 14111 SCOTTSLAWN ROAD, MARYSVILLE OH, 43041.

How can I contact The Scotts Miracle-Gro?

The 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]

This page was last updated on 8/3/2021 by MarketBeat.com Staff
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