Scotts Miracle-Gro (SMG) Expected to Post Earnings on Wednesday

Scotts Miracle-Gro (NYSE:SMG) is expected to release its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $2.53 per share and revenue of $1.1726 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:15 AM ET.

Scotts Miracle-Gro (NYSE:SMG) last posted its earnings results on Wednesday, April 29th. The basic materials company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $3.97 by $0.56. Scotts Miracle-Gro had a net margin of 3.27% and a negative return on equity of 79.61%. The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the previous year, the firm earned $3.98 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis. On average, analysts expect Scotts Miracle-Gro to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Scotts Miracle-Gro Price Performance

SMG opened at $68.49 on Wednesday. The firm has a fifty day moving average price of $63.08 and a 200 day moving average price of $63.79. Scotts Miracle-Gro has a 1 year low of $52.00 and a 1 year high of $75.34. The stock has a market cap of $3.99 billion, a P/E ratio of 38.27 and a beta of 1.81.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SMG. UBS Group lifted their price target on Scotts Miracle-Gro from $63.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. JPMorgan Chase & Co. downgraded Scotts Miracle-Gro from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $70.00 to $67.00 in a research report on Thursday, March 26th. Stifel Nicolaus dropped their price objective on Scotts Miracle-Gro from $76.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, June 8th. Wall Street Zen raised Scotts Miracle-Gro from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Finally, Wells Fargo & Company boosted their price objective on Scotts Miracle-Gro from $72.00 to $74.00 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $73.00.

Institutional Trading of Scotts Miracle-Gro

Several large investors have recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. raised its holdings in shares of Scotts Miracle-Gro by 6.1% in the fourth quarter. Daiwa Securities Group Inc. now owns 5,077 shares of the basic materials company’s stock valued at $296,000 after buying an additional 294 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Scotts Miracle-Gro by 0.8% during the second quarter. California State Teachers Retirement System now owns 39,479 shares of the basic materials company’s stock worth $2,604,000 after buying an additional 312 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Scotts Miracle-Gro by 5.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 6,796 shares of the basic materials company’s stock worth $387,000 after buying an additional 330 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in shares of Scotts Miracle-Gro by 2.1% during the third quarter. Orion Porfolio Solutions LLC now owns 21,596 shares of the basic materials company’s stock worth $1,230,000 after buying an additional 452 shares during the last quarter. Finally, Bank of Nova Scotia increased its position in Scotts Miracle-Gro by 10.0% in the 2nd quarter. Bank of Nova Scotia now owns 5,630 shares of the basic materials company’s stock valued at $371,000 after acquiring an additional 510 shares during the period. 74.07% of the stock is currently owned by hedge funds and other institutional investors.

Scotts Miracle-Gro Company Profile

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.