What is William Blair’s Estimate for SMG Q2 Earnings?

The Scotts Miracle-Gro Company (NYSE:SMG) – Analysts at William Blair issued their Q2 2026 earnings per share estimates for shares of Scotts Miracle-Gro in a note issued to investors on Wednesday, November 5th. William Blair analyst J. Andersen forecasts that the basic materials company will post earnings of $4.08 per share for the quarter. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.42 per share. William Blair also issued estimates for Scotts Miracle-Gro’s Q3 2026 earnings at $3.00 EPS, Q4 2026 earnings at ($1.78) EPS and FY2027 earnings at $4.70 EPS.

Scotts Miracle-Gro (NYSE:SMG) last released its quarterly earnings data on Wednesday, November 5th. The basic materials company reported ($1.96) EPS for the quarter, missing analysts’ consensus estimates of ($1.88) by ($0.08). The firm had revenue of $387.40 million during the quarter, compared to the consensus estimate of $396.75 million. Scotts Miracle-Gro had a net margin of 1.54% and a negative return on equity of 60.46%. Scotts Miracle-Gro’s revenue was down 6.6% compared to the same quarter last year. During the same quarter last year, the business posted ($2.31) earnings per share. Scotts Miracle-Gro has set its FY 2025 guidance at 4.150-4.350 EPS.

SMG has been the subject of several other research reports. UBS Group dropped their price objective on Scotts Miracle-Gro from $62.00 to $61.00 and set a “neutral” rating for the company in a research note on Thursday. Truist Financial set a $80.00 target price on Scotts Miracle-Gro and gave the stock a “buy” rating in a research note on Monday, July 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Scotts Miracle-Gro in a report on Wednesday, October 8th. Wells Fargo & Company cut their price objective on Scotts Miracle-Gro from $75.00 to $67.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Finally, Wall Street Zen cut shares of Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Scotts Miracle-Gro currently has an average rating of “Moderate Buy” and a consensus target price of $69.50.

Scotts Miracle-Gro Trading Up 0.0%

Shares of SMG traded up $0.02 during mid-day trading on Friday, reaching $56.51. 66,612 shares of the stock traded hands, compared to its average volume of 963,783. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 74.24 and a beta of 1.98. Scotts Miracle-Gro has a 1 year low of $45.61 and a 1 year high of $83.55. The firm has a fifty day moving average price of $57.54 and a 200 day moving average price of $60.42.

Scotts Miracle-Gro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 21st will be issued a $0.66 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.64 annualized dividend and a dividend yield of 4.7%. Scotts Miracle-Gro’s payout ratio is currently 109.09%.

Insider Transactions at Scotts Miracle-Gro

In other Scotts Miracle-Gro news, Director Hagedorn Partnership, L.P. sold 56,633 shares of Scotts Miracle-Gro stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $63.02, for a total value of $3,569,011.66. Following the transaction, the director directly owned 13,217,641 shares of the company’s stock, valued at $832,975,735.82. The trade was a 0.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark J. Scheiwer bought 1,790 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was purchased at an average cost of $61.32 per share, for a total transaction of $109,762.80. Following the completion of the purchase, the executive vice president owned 10,130 shares of the company’s stock, valued at $621,171.60. This trade represents a 21.46% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 25.37% of the company’s stock.

Institutional Investors Weigh In On Scotts Miracle-Gro

Large investors have recently made changes to their positions in the business. Spire Wealth Management raised its holdings in shares of Scotts Miracle-Gro by 32.1% during the second quarter. Spire Wealth Management now owns 725 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 176 shares in the last quarter. Moors & Cabot Inc. raised its holdings in Scotts Miracle-Gro by 3.1% in the 1st quarter. Moors & Cabot Inc. now owns 6,415 shares of the basic materials company’s stock worth $352,000 after purchasing an additional 191 shares in the last quarter. State of Michigan Retirement System lifted its position in shares of Scotts Miracle-Gro by 2.0% in the 1st quarter. State of Michigan Retirement System now owns 10,300 shares of the basic materials company’s stock worth $565,000 after purchasing an additional 200 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of Scotts Miracle-Gro by 1.6% during the 3rd quarter. Louisiana State Employees Retirement System now owns 12,400 shares of the basic materials company’s stock valued at $706,000 after purchasing an additional 200 shares in the last quarter. Finally, Arizona State Retirement System increased its position in shares of Scotts Miracle-Gro by 1.8% during the third quarter. Arizona State Retirement System now owns 13,662 shares of the basic materials company’s stock valued at $778,000 after buying an additional 245 shares during the period. 74.07% of the stock is currently owned by institutional investors.

Scotts Miracle-Gro Company Profile

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions.