FY2026 EPS Estimate for Scotts Miracle-Gro Lifted by Analyst

The Scotts Miracle-Gro Company (NYSE:SMG) – Stock analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of Scotts Miracle-Gro in a note issued to investors on Tuesday, November 25th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings per share of $4.16 for the year, up from their prior forecast of $4.14. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.42 per share. Zacks Research also issued estimates for Scotts Miracle-Gro’s FY2028 earnings at $4.21 EPS.

A number of other research firms also recently issued reports on SMG. Jefferies Financial Group raised their price target on shares of Scotts Miracle-Gro from $71.00 to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. UBS Group dropped their price objective on shares of Scotts Miracle-Gro from $62.00 to $61.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Wells Fargo & Company cut their target price on shares of Scotts Miracle-Gro from $75.00 to $67.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Stifel Nicolaus set a $70.00 target price on Scotts Miracle-Gro and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Scotts Miracle-Gro in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $69.50.

Scotts Miracle-Gro Price Performance

Scotts Miracle-Gro stock opened at $56.63 on Thursday. Scotts Miracle-Gro has a 12 month low of $45.61 and a 12 month high of $79.16. The company has a fifty day moving average price of $55.98 and a two-hundred day moving average price of $60.65. The company has a market cap of $3.27 billion, a PE ratio of 74.51 and a beta of 1.98.

Scotts Miracle-Gro (NYSE:SMG) last issued its quarterly earnings results on Wednesday, November 5th. The basic materials company reported ($1.96) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.88) by ($0.08). Scotts Miracle-Gro had a net margin of 1.54% and a negative return on equity of 60.46%. The firm had revenue of $387.30 million during the quarter, compared to the consensus estimate of $396.75 million. During the same quarter last year, the firm posted ($2.31) earnings per share. Scotts Miracle-Gro’s revenue was down 6.6% compared to the same quarter last year. Scotts Miracle-Gro has set its FY 2025 guidance at 4.150-4.350 EPS.

Scotts Miracle-Gro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 21st will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Friday, November 21st. Scotts Miracle-Gro’s payout ratio is presently 109.09%.

Insider Transactions at Scotts Miracle-Gro

In related news, EVP Mark J. Scheiwer acquired 1,790 shares of Scotts Miracle-Gro stock in a transaction dated Wednesday, September 3rd. The stock was acquired at an average cost of $61.32 per share, with a total value of $109,762.80. Following the purchase, the executive vice president directly owned 10,130 shares in the company, valued at $621,171.60. The trade was a 21.46% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Hagedorn Partnership, L.P. sold 56,633 shares of the business’s stock in a transaction dated 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 sale, the director owned 13,217,641 shares in the company, valued at approximately $832,975,735.82. The trade was a 0.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 25.37% of the stock is owned by insiders.

Institutional Investors Weigh In On Scotts Miracle-Gro

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC grew its holdings in shares of Scotts Miracle-Gro by 104.2% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,448 shares of the basic materials company’s stock valued at $82,000 after acquiring an additional 739 shares in the last quarter. Maven Securities LTD boosted its position in Scotts Miracle-Gro by 275.2% during the third quarter. Maven Securities LTD now owns 20,150 shares of the basic materials company’s stock valued at $1,148,000 after purchasing an additional 14,779 shares during the last quarter. Captrust Financial Advisors grew its stake in Scotts Miracle-Gro by 14.5% in the third quarter. Captrust Financial Advisors now owns 1,154,815 shares of the basic materials company’s stock valued at $65,767,000 after purchasing an additional 146,192 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Scotts Miracle-Gro in the 3rd quarter worth about $32,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Scotts Miracle-Gro during the 3rd quarter worth about $121,000. Hedge funds and other institutional investors own 74.07% of the company’s stock.

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.