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

Scotts Miracle-Gro's stock was trading at $104.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SMG stock has increased by 33.4% and is now trading at $139.07. 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 Co (NYSE:SMG) released its earnings results on Wednesday, May, 6th. The basic materials company reported $4.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate 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 quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business posted $3.64 earnings per share. View Scotts Miracle-Gro's earnings history.

Scotts Miracle-Gro declared a quarterly dividend on Tuesday, April 28th. Shareholders 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 annualized dividend and a dividend yield of 1.67%. 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 earnings per share guidance of 5.65-5.85 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued twelve-month target prices for Scotts Miracle-Gro's stock. Their forecasts range from $99.00 to $152.00. On average, they anticipate Scotts Miracle-Gro's share price to reach $124.80 in the next year. This suggests that the stock has a possible downside of 10.3%. View analysts' price targets for Scotts Miracle-Gro.

Media stories about SMG stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Scotts Miracle-Gro earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave headlines 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 next several days. View the latest news about Scotts Miracle-Gro.

Scotts Miracle-Gro saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 850,000 shares, a drop of 10.8% from the May 31st total of 953,000 shares. Based on an average daily trading volume, of 544,300 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.1% of the company's stock are sold short. 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 a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.40%), Envestnet Asset Management Inc. (0.24%), Rockland Trust Co. (0.17%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.03%), Curbstone Financial Management Corp (0.01%) and Park National Corp OH (0.00%). 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 6 Meridian, Curbstone Financial Management Corp, 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 bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Envestnet Asset Management Inc., Private Trust Co. NA, Contravisory Investment Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Rockland 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 $139.07.

Scotts Miracle-Gro has a market capitalization of $7.72 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]