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

Scotts Miracle-Gro (NYSE:SMG) is expected to announce its Q2 2026 results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $3.86 per share and revenue of $1.4050 billion for the quarter. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 8:00 AM ET.

Scotts Miracle-Gro (NYSE:SMG) last issued its earnings results on Wednesday, January 28th. The basic materials company reported ($0.77) EPS for the quarter, topping the consensus estimate of ($1.04) by $0.27. Scotts Miracle-Gro had a negative return on equity of 68.59% and a net margin of 2.68%.The company had revenue of $354.40 million during the quarter, compared to the consensus estimate of $353.25 million. During the same period in the previous year, the company posted ($0.89) EPS. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. 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 Trading Down 3.2%

Shares of NYSE SMG opened at $64.39 on Wednesday. Scotts Miracle-Gro has a 12 month low of $45.61 and a 12 month high of $72.35. The stock has a 50 day moving average of $65.18 and a 200-day moving average of $60.66. The company has a market capitalization of $3.74 billion, a P/E ratio of 43.80 and a beta of 1.94.

Scotts Miracle-Gro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, May 22nd. Scotts Miracle-Gro’s payout ratio is currently 179.59%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SMG shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Scotts Miracle-Gro in a research note on Wednesday, January 21st. UBS Group set a $67.00 target price on Scotts Miracle-Gro in a research note on Thursday, January 29th. Wells Fargo & Company reduced their target price on Scotts Miracle-Gro from $75.00 to $72.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Stifel Nicolaus lifted their target price on Scotts Miracle-Gro from $70.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. downgraded Scotts Miracle-Gro from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $70.00 to $67.00 in a research note on Thursday, March 26th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Scotts Miracle-Gro has an average rating of “Moderate Buy” and a consensus target price of $73.17.

Insider Activity at Scotts Miracle-Gro

In related news, Director Hagedorn Partnership, L.P. sold 50,000 shares of Scotts Miracle-Gro stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $66.40, for a total transaction of $3,320,000.00. Following the completion of the sale, the director directly owned 13,167,641 shares of the company’s stock, valued at approximately $874,331,362.40. This trade represents a 0.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Mark J. Scheiwer purchased 693 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were purchased at an average cost of $71.44 per share, with a total value of $49,507.92. Following the completion of the acquisition, the executive vice president owned 15,370 shares in the company, valued at $1,098,032.80. The trade was a 4.72% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 24.40% of the company’s stock.

Institutional Trading of Scotts Miracle-Gro

Several hedge funds have recently added to or reduced their stakes in SMG. Caitong International Asset Management Co. Ltd acquired a new stake in Scotts Miracle-Gro during the 3rd quarter worth approximately $32,000. Aster Capital Management DIFC Ltd acquired a new position in Scotts Miracle-Gro in the 4th quarter valued at $53,000. Quarry LP raised its holdings in Scotts Miracle-Gro by 314.4% in the 4th quarter. Quarry LP now owns 1,326 shares of the basic materials company’s stock valued at $77,000 after acquiring an additional 1,006 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in Scotts Miracle-Gro by 104.2% in 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. Finally, Advisory Services Network LLC acquired a new position in Scotts Miracle-Gro in the 3rd quarter valued at $121,000. 74.07% of the stock is owned by institutional investors and hedge funds.

About Scotts Miracle-Gro

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.