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 earnings per share guidance of 4.150-4.35 for the period, compared to the consensus earnings per share estimate of 4.280. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research analysts have weighed in on SMG shares. Wall Street Zen cut Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Stifel Nicolaus set a $70.00 target price on Scotts Miracle-Gro and gave the company a “buy” rating in a report on Thursday, November 6th. Jefferies Financial Group lifted their price objective on Scotts Miracle-Gro from $71.00 to $74.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Scotts Miracle-Gro in a report on Wednesday, January 21st. Finally, UBS Group increased their price target on shares of Scotts Miracle-Gro from $61.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $70.33.

Scotts Miracle-Gro Trading Down 0.7%

Scotts Miracle-Gro stock traded down $0.46 during trading hours on Wednesday, hitting $62.77. 2,621,743 shares of the stock traded hands, compared to its average volume of 859,230. The firm’s 50-day moving average price is $58.45 and its two-hundred day moving average price is $59.36. The company has a market cap of $3.64 billion, a PE ratio of 25.94 and a beta of 1.95. Scotts Miracle-Gro has a one year low of $45.61 and a one year high of $79.11.

Scotts Miracle-Gro (NYSE:SMG) last announced its earnings results on Wednesday, January 28th. The basic materials company reported ($0.77) EPS for the quarter, beating analysts’ consensus estimates of ($0.97) by $0.20. The firm had revenue of $354.40 million for the quarter, compared to analysts’ expectations of $353.25 million. Scotts Miracle-Gro had a net margin of 4.26% and a negative return on equity of 67.74%. The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.89) EPS. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. On average, sell-side analysts expect that Scotts Miracle-Gro will post 3.42 earnings per share for the current fiscal year.

Scotts Miracle-Gro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 20th. Scotts Miracle-Gro’s payout ratio is currently 109.09%.

Key Stories Impacting Scotts Miracle-Gro

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

• Positive Sentiment: Q1 results beat consensus: Q1 EPS loss was ($0.77) vs. consensus (~($0.97)) and revenue of $354.4M slightly topped estimates, showing modest operating resilience. Zacks Q1 Results
• Positive Sentiment: Management struck a deal to sell Hawthorne (cannabis-supply unit) to Vireo Growth — reduces exposure to a volatile segment and simplifies the business, which can improve investor focus and valuation multiples. WSJ: Hawthorne Sale
• Positive Sentiment: Company announced a new multi-year share repurchase program (to commence in late 2026) and reaffirmed capital-return focus — positive for per?share metrics once executed. Press Release
• Positive Sentiment: Board declared a $0.66 quarterly dividend (4.2% yield), supporting income-oriented investors.
• Neutral Sentiment: Investor materials and the earnings call transcript/slides are available for detailed read-through of segment trends and guidance — useful for modeling but not market-moving by itself. Earnings Presentation
• Negative Sentiment: Top-line pressure persists: revenue fell ~3.3% year-over-year and the company remains loss-making for the quarter; return-on-equity is negative and net margin is slim, leaving operational concerns for skeptics. Q1 Press Release / Slide Deck
• Negative Sentiment: Shares are trading down on higher-than-normal volume as investors digest the trade?sale timing/details and the long lead time for buybacks; near-term revenue impact from divestiture and lingering losses likely weigh on sentiment. Market Trading Snapshot

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System boosted its holdings in shares of Scotts Miracle-Gro by 0.8% in 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 last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Scotts Miracle-Gro by 5.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 6,796 shares of the basic materials company’s stock worth $387,000 after purchasing an additional 330 shares during the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Scotts Miracle-Gro by 2.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 21,596 shares of the basic materials company’s stock worth $1,230,000 after acquiring an additional 452 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of 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 worth $371,000 after buying an additional 510 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Scotts Miracle-Gro in the 3rd quarter worth approximately $32,000. Institutional investors own 74.07% of the company’s stock.

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.