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

$142.19

+3.07 (+2.21 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$138.47

Now: $142.19▼

$144.26

50-Day Range

$101.34

MA: $128.03▼

$150.70

52-Week Range

$76.50

Now: $142.19▼

$151.03

Volume378,148 shs

Average Volume498,939 shs

Market Capitalization$7.89 billion

P/E Ratio24.90

Dividend Yield1.67%

Beta0.91

The Scotts Miracle-Gro Company manufactures, markets, and sells consumer lawn and garden products in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other. It offers lawn care products, such as lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products. The company also provides gardening and landscape products, including 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. In addition, it offers hydroponic products that help users grow plants, flowers, and vegetables in an indoor or urban environment; and insect control products, rodent control products, and weed control products for home areas. The company offers its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Scotts OxiCleanTM3, Miracle-Gro, LiquaFeed, Osmocote, Shake 'N Feed, Hyponex, Earthgro, SuperSoil, Fafard, Nature Scapes, Ortho, Miracle-Gro Organic Choice, Nature's Care, Whitney Farms, EcoScraps, Gro-ables, Hydroponics, Gavita, Botanicare, Vermicrop, Agrolux, Can-Filters, Sun System, Gro Pro, Mother Earth, Hurricane, Grower's Edge, AeroGarden, Ortho Weed B Gon, Roundup, and Groundclear brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, food and drug stores, and indoor gardening and hydroponic distributors and retailers through a direct sales force, and network of brokers and distributors. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.

Beat the Market (BTM) Rank^™

1.2 Analyst's Opinion

Consensus Rating
Scotts Miracle-Gro has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $124.80, Scotts Miracle-Gro has a potential downside of 12.2% from its current price of $142.19.
Amount of Analyst Coverage
Scotts Miracle-Gro has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Scotts Miracle-Gro has received 318 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Scotts Miracle-Gro has received 449 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Scotts Miracle-Gro has received 58.54% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Scotts Miracle-Gro and other stocks. Vote “Outperform” if you believe SMG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SMG will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Scotts Miracle-Gro is a leading dividend payer. It pays a dividend yield of 1.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Scotts Miracle-Gro has been increasing its dividend for 10 years.
Dividend Coverage
The dividend payout ratio of Scotts Miracle-Gro is 51.90 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Scotts Miracle-Gro will have a dividend payout ratio of 40.56 % next year. This indicates that Scotts Miracle-Gro will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Scotts Miracle-Gro insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 28.20% of the stock of Scotts Miracle-Gro is held by insiders.
Percentage Held by Institutions
63.03% 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.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Scotts Miracle-Gro are expected to grow by 8.75% in the coming year, from $5.26 to $5.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Scotts Miracle-Gro is 24.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Scotts Miracle-Gro is 24.90, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.55.
Price to Book Value per Share Ratio
Scotts Miracle-Gro has a P/B Ratio of 9.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.99 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Agricultural chemicals

Sub-IndustryFertilizers & Agricultural Chemicals

SectorBasic Materials

Current SymbolNYSE:SMG

Previous Symbol

CUSIP81018610

CIK825542

Webwww.scotts.com

Phone937-644-0011

Debt

Debt-to-Equity Ratio2.66

Current Ratio2.08

Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio24.90

Forward P/E Ratio27.03

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.16 billion

Price / Sales2.50

Cash Flow$6.49 per share

Price / Cash Flow21.91

Book Value$14.32 per share

Price / Book9.93

Profitability

EPS (Most Recent Fiscal Year)$4.47

Net Income$460.70 million

Net Margins9.49%

Return on Equity42.92%

Return on Assets8.99%

Miscellaneous

Employees5,600

Outstanding Shares55,502,000

Market Cap$7.89 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Scotts Miracle-Gro (NYSE:SMG) Frequently Asked Questions

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

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 36.4% and is now trading at $142.19. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Scotts Miracle-Gro?

5 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Scotts Miracle-Gro.

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

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.

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

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

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, April 28th. Investors 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 yield of 1.63%. The ex-dividend date of this dividend is Tuesday, May 26th. View Scotts Miracle-Gro's dividend history.

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

Scotts Miracle-Gro issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of 4.95-5.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.26. The company issued revenue guidance of $3.345-3.408 billion, compared to the consensus revenue estimate of $3.35 billion.

What price target have analysts set for SMG?

5 brokers have issued 1-year price targets 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 year. This suggests that the stock has a possible downside of 12.2%. View analysts' price targets for Scotts Miracle-Gro.

Has Scotts Miracle-Gro been receiving favorable news coverage?

Press coverage about SMG stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scotts Miracle-Gro earned a news sentiment score of -1.8 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutScotts Miracle-Gro.

Are investors shorting Scotts Miracle-Gro?

Scotts Miracle-Gro saw a decline in short interest in May. As of May 15th, there was short interest totaling 1,160,000 shares, a decline of 5.7% from the April 30th total of 1,230,000 shares. Based on an average daily trading volume, of 521,800 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.9% of the company's stock are short sold. View Scotts Miracle-Gro's Current Options Chain.

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

Some companies that are related to Scotts Miracle-Gro include Nutrien (NTR), CF Industries (CF), Mosaic (MOS), Nufarm (NUF), American Vanguard (AVD), Calyxt (CLXT), Marrone Bio Innovations (MBII), CVR Partners (UAN), Wynnstay Group (WYN), Arcadia Biosciences (RKDA), Evogene (EVGN), Eden Research (EDEN), Bion Environmental Technologies (BNET), China Green Agriculture (CGA) and Kiwa Bio-Tech Products Group (KWBT). View all competitors.

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

Who are Scotts Miracle-Gro's key executives?

Scotts Miracle-Gro's management team includes the following people:

Mr. James S. Hagedorn, Chairman & CEO (Age 64)
Mr. Michael C. Lukemire, Pres & COO (Age 61)
Mr. Thomas Randal Coleman, Exec. VP & CFO (Age 50)
Mr. Ivan C. Smith, Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 50)
Ms. Denise S. Stump, Exec. VP of Global HR & Chief Ethics Officer (Age 65)

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.52%), First Eagle Investment Management LLC (2.87%), Waddell & Reed Financial Inc. (2.02%), Fisher Asset Management LLC (1.90%), State Street Corp (1.79%) and Massachusetts Financial Services Co. MA (1.40%). 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, Stephen L Johnson, Thomas N Kelly Jr and Thomas Randal Coleman. View institutional ownership trends for Scotts Miracle-Gro.

Which institutional investors are selling Scotts Miracle-Gro stock?

SMG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Los Angeles Capital Management & Equity Research Inc., Two Sigma Advisers LP, Fisher Asset Management LLC, TimesSquare Capital Management LLC, Hudson Executive Capital LP, Waddell & Reed Financial Inc., and Nuveen Asset Management LLC. 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, Stephen L Johnson, Thomas N Kelly Jr, and Thomas Randal Coleman. View insider buying and selling activity for Scotts Miracle-Gro.

Which institutional investors are buying Scotts Miracle-Gro stock?

SMG stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Raymond James & Associates, Federated Hermes Inc., Bogle Investment Management L P DE, Janus Henderson Group PLC, Rockland Trust Co., MIK Capital LP, and Advisor Group Holdings Inc.. View insider buying and selling activity for Scotts Miracle-Gro.

How do I buy shares of 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.

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

One share of SMG stock can currently be purchased for approximately $142.19.

How big of a company is Scotts Miracle-Gro?

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.

What is Scotts Miracle-Gro's official website?

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

How can I contact Scotts Miracle-Gro?

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 5/28/2020 by MarketBeat.com Staff