The Scotts Miracle-Gro Company (SMG) To Go Ex-Dividend on November 20th

The Scotts Miracle-Gro Company (NYSE:SMG) declared a quarterly dividend on Tuesday, November 3rd. Investors of record on Friday, November 20th will be paid a dividend of $0.66 per share by the basic materials company on Friday, December 4th. This represents a $2.64 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, November 20th.

Scotts Miracle-Gro has decreased its dividend by an average of 0.2% annually over the last three years. Scotts Miracle-Gro has a payout ratio of 62.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Scotts Miracle-Gro to earn $4.67 per share next year, which means the company should continue to be able to cover its $2.64 annual dividend with an expected future payout ratio of 56.5%.

Scotts Miracle-Gro Stock Up 8.8%

Scotts Miracle-Gro stock opened at $67.24 on Thursday. The company’s 50-day moving average price is $55.50 and its two-hundred day moving average price is $61.93. The stock has a market cap of $3.91 billion, a P/E ratio of 58.47 and a beta of 1.87. Scotts Miracle-Gro has a twelve month low of $47.90 and a twelve month high of $75.34.

Scotts Miracle-Gro (NYSE:SMG) last issued its quarterly earnings data on Wednesday, November 4th. The basic materials company reported ($2.16) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.21) by $0.05. Scotts Miracle-Gro had a negative return on equity of 81.90% and a net margin of 2.19%. The company had revenue of $302.90 million during the quarter, compared to analysts’ expectations of $306.11 million. During the same quarter in the previous year, the company posted ($2.63) earnings per share. The business’s revenue was down 10.9% on a year-over-year basis. Equities analysts anticipate that Scotts Miracle-Gro will post 4.39 earnings per share for the current fiscal year.

Scotts Miracle-Gro News Summary

Here are the key news stories impacting Scotts Miracle-Gro this week:

• Positive Sentiment: Scotts reported a fiscal Q4 loss of $2.16 per share, narrower than analysts’ expected loss of $2.21. For fiscal 2026, adjusted EPS exceeded company guidance, while gross margins expanded and management said it significantly strengthened the balance sheet. Fiscal 2026 results
• Positive Sentiment: Management forecast fiscal 2027 adjusted EPS of $4.70–$4.90 and sales growth of 2%–4%. The company expects growth to be supported by its Black Kow acquisition and targeted pricing, giving investors a concrete path to improved results. Fiscal 2027 outlook
• Neutral Sentiment: The company declared a quarterly dividend of $0.66 per share, payable December 4 to shareholders of record November 20. The payout may appeal to income-focused investors, though it does not resolve the company’s sales challenges. Dividend announcement
• Negative Sentiment: Quarterly revenue was $302.9 million, below analysts’ $306.1 million estimate and down 10.9% year over year. The revenue shortfall highlights continued near-term demand pressure. Fiscal Q4 results

About Scotts Miracle-Gro

Scotts Miracle-Gro Company is a provider of consumer lawn and garden products headquartered in Marysville, Ohio. The company develops and markets products designed to help consumers grow and maintain lawns, gardens, landscapes and indoor plants.

Its portfolio includes lawn fertilizers, grass seed, plant food, gardening products, pest-control solutions, soils and related growing supplies. Key consumer brands include Scotts, Miracle-Gro, Ortho and Tomcat. The company also has a history of serving the controlled-environment agriculture and hydroponics markets through specialized growing products and supplies.

Scotts Miracle-Gro was founded in 1868 and has built a broad distribution network serving retail customers, garden centers and other outlets.