Scotts Miracle-Gro (NYSE:SMG) Issues FY 2026 Earnings Guidance

Scotts Miracle-Gro (NYSE:SMG) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.150-4.350 for the period, compared to the consensus EPS estimate of 4.370. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. UBS Group reiterated a “neutral” rating and issued a $63.00 price objective on shares of Scotts Miracle-Gro in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a $79.00 price objective on shares of Scotts Miracle-Gro in a research report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Scotts Miracle-Gro in a research report on Monday, May 4th. JPMorgan Chase & Co. cut shares of Scotts Miracle-Gro from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $70.00 to $67.00 in a research report on Thursday, March 26th. Finally, Wells Fargo & Company reduced their target price on shares of Scotts Miracle-Gro from $75.00 to $72.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Scotts Miracle-Gro has an average rating of “Moderate Buy” and a consensus target price of $72.83.

Scotts Miracle-Gro Trading Down 0.2%

Shares of NYSE SMG opened at $56.87 on Friday. The stock has a 50-day moving average price of $61.46 and a two-hundred day moving average price of $61.63. Scotts Miracle-Gro has a 12 month low of $52.00 and a 12 month high of $72.35. The company has a market cap of $3.31 billion, a price-to-earnings ratio of 31.77 and a beta of 1.84.

Scotts Miracle-Gro (NYSE:SMG) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.97 by $0.56. Scotts Miracle-Gro had a negative return on equity of 79.61% and a net margin of 3.27%.The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the firm posted $3.98 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. On average, sell-side analysts predict that Scotts Miracle-Gro will post 4.37 earnings per share for the current year.

Scotts Miracle-Gro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a $0.66 dividend. The ex-dividend date is Friday, May 22nd. This represents a $2.64 annualized dividend and a yield of 4.6%. Scotts Miracle-Gro’s dividend payout ratio is presently 147.49%.

Hedge Funds Weigh In On Scotts Miracle-Gro

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Scotts Miracle-Gro during the 3rd quarter worth approximately $32,000. Aster Capital Management DIFC Ltd bought a new position in shares of Scotts Miracle-Gro during the 4th quarter worth approximately $53,000. Quarry LP boosted its holdings in shares of Scotts Miracle-Gro by 314.4% during the 4th quarter. Quarry LP now owns 1,326 shares of the basic materials company’s stock worth $77,000 after buying an additional 1,006 shares in the last quarter. CIBC Private Wealth Group LLC boosted 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 worth $82,000 after buying an additional 739 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Scotts Miracle-Gro during the 3rd quarter worth approximately $121,000. 74.07% of the stock is currently owned by 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.