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Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
UK train strikes and energy hikes add to a week of turmoil
NIH to fund unproven ALS drugs under patient-backed law
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
UK train strikes and energy hikes add to a week of turmoil
NIH to fund unproven ALS drugs under patient-backed law
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
India launches 5G services, Modi calls it step in new era
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)
UK train strikes and energy hikes add to a week of turmoil
NIH to fund unproven ALS drugs under patient-backed law
NYSE:SMG

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

$42.75
-1.37 (-3.11%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$42.68
$44.41
50-Day Range
$42.75
$88.95
52-Week Range
$42.68
$180.43
Volume
1.47 million shs
Average Volume
835,455 shs
Market Capitalization
$2.37 billion
P/E Ratio
N/A
Dividend Yield
5.98%
Price Target
$92.00

Scotts Miracle-Gro MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
115.2% Upside
$92.00 Price Target
Short Interest
Bearish
6.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.41
Upright™ Environmental Score
News Sentiment
0.45mentions of Scotts Miracle-Gro in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.41%
From $4.11 to $4.25 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Basic Materials Sector

89th out of 167 stocks

Agricultural Chemicals Industry

7th out of 10 stocks

SMG stock logo

About Scotts Miracle-Gro (NYSE:SMG) Stock

The Scotts Miracle-Gro Company engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other. It provides lawn care products comprising lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products; gardening and landscape products include water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and lives goods and seeding solutions. The company also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. It sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Osmocote, Shake 'N Feed, Hyponex, Earthgro, SuperSoil, Fafard, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, Hydroponics, Vermicrop, Gavita, Agrolux, Can-Filters, Sun System, Gro Pro, Hurricane, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. The company serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.

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SMG Stock News Headlines

The Scotts Miracle Gro Co A
Why Scotts Miracle-Gro Stock Was Down This Week
Why Scotts Miracle-Gro Stock Was Down on Thursday
Scotts Miracle-Gro (NYSE:SMG) Sets New 52-Week Low at $48.81
Why Scotts Miracle-Gro (SMG) Stock Is Down Today
Scotts Miracle-Gro Company - Ordinary Shares - Class A
Scotts Miracle-Gro (NYSE: SMG)
Why Scotts Miracle-Gro Stock Lost 25% in August
Why Is Scotts (SMG) Down 22.1% Since Last Earnings Report?
Scotts Miracle Gro SMG Technical Data
10 Best Farmland Stocks to Buy Now
Scotts Miracle-Gro: Deep Value And Takeover Thoughts
Scotts Miracle Gro SMG Trading Report
Why Shares in ScottsMiracle-Gro Slumped Today
See More Headlines
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SMG Company Calendar

Last Earnings
8/03/2022
Ex-Dividend for 9/9 Dividend
8/25/2022
Dividend Payable
9/09/2022
Today
10/01/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Agricultural chemicals
Sub-Industry
Fertilizers & Agricultural Chemicals
CUSIP
81018610
Employees
7,300
Year Founded
1868

Price Target and Rating

Average Stock Price Forecast
$92.00
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+115.2%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$512.50 million
Pretax Margin
-8.38%

Debt

Sales & Book Value

Annual Sales
$4.93 billion
Cash Flow
$10.80 per share
Book Value
$18.16 per share

Miscellaneous

Free Float
40,275,000
Market Cap
$2.37 billion
Optionable
Optionable
Beta
1.30

Social Links


Key Executives

  • Mr. James S. HagedornMr. James S. Hagedorn (Age 67)
    CEO & Chairman
    Comp: $5.81M
  • Mr. Michael C. LukemireMr. Michael C. Lukemire (Age 64)
    Pres & COO
    Comp: $2.8M
  • Mr. Cory J. Miller (Age 48)
    Exec. VP & CFO
    Comp: $1.34M
  • Ms. Denise S. StumpMs. Denise S. Stump (Age 68)
    Exec. VP of Global Human Resource & Chief Ethics Officer
    Comp: $2.04M
  • Mr. Christopher J. Hagedorn (Age 37)
    Division Pres
    Comp: $1.89M
  • Mr. Ivan C. Smith Esq.Mr. Ivan C. Smith Esq. (Age 53)
    Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer
  • Mr. Josh Peoples
    Sr. VP & Chief Marketing Officer
  • Mr. Dave Swihart
    Sr. VP of R&D
  • Mr. Phil Jones
    Sr. VP of International Sales
  • Mr. Scott Hendrick
    Sr. VP of Global Supply Chain













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 6 hold ratings 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 2022?

7 analysts have issued 12-month price objectives for Scotts Miracle-Gro's stock. Their SMG share price forecasts range from $75.00 to $110.00. On average, they expect the company's stock price to reach $92.00 in the next year. This suggests a possible upside of 115.2% from the stock's current price.
View analysts price targets for SMG
or view top-rated stocks among Wall Street analysts.

How have SMG shares performed in 2022?

Scotts Miracle-Gro's stock was trading at $161.00 at the beginning of the year. Since then, SMG stock has decreased by 73.4% and is now trading at $42.75.
View the best growth stocks for 2022 here
.

Are investors shorting Scotts Miracle-Gro?

Scotts Miracle-Gro saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,490,000 shares, an increase of 31.7% from the August 31st total of 1,890,000 shares. Based on an average daily volume of 593,800 shares, the days-to-cover ratio is currently 4.2 days. Approximately 6.2% of the company's 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 Wednesday, November 2nd 2022.
View our SMG earnings forecast
.

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

The Scotts Miracle-Gro Company (NYSE:SMG) issued its earnings results on Wednesday, August, 3rd. The basic materials company reported $1.98 earnings per share for the quarter, topping analysts' consensus estimates of $1.70 by $0.28. The basic materials company earned $1.19 billion during the quarter, compared to analyst estimates of $1.23 billion. Scotts Miracle-Gro had a positive trailing twelve-month return on equity of 36.80% and a negative net margin of 6.36%. The business's revenue was down 26.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.98 earnings per share.

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 Tuesday, August 2nd. Investors of record on Friday, August 26th will be given a dividend of $0.66 per share on Friday, September 9th. This represents a $2.64 dividend on an annualized basis and a yield of 6.18%. The ex-dividend date of this dividend is Thursday, August 25th.
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 5.98%. SMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SMG.

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

Scotts Miracle-Gro issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $4.00-$4.20 for the period, compared to the consensus earnings per share estimate of $4.93. The company issued revenue guidance of $4.48 billion-$4.53 billion, compared to the consensus revenue estimate of $4.12 billion.

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 Honeywell International (HON).

What is Scotts Miracle-Gro's stock symbol?

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

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 $42.75.

How much money does Scotts Miracle-Gro make?

Scotts Miracle-Gro (NYSE:SMG) has a market capitalization of $2.37 billion and generates $4.93 billion in revenue each year. The basic materials company earns $512.50 million in net income (profit) each year or ($4.83) on an earnings per share basis.

How many employees does Scotts Miracle-Gro have?

The company employs 7,300 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 10/2/2022 by MarketBeat.com Staff

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