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

Scotts Miracle-Gro (NYSE:SMG) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.300-4.450 for the period, compared to the consensus estimate of 4.410. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SMG shares. UBS Group lifted their price objective on shares of Scotts Miracle-Gro from $70.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Wells Fargo & Company raised their price objective on shares of Scotts Miracle-Gro from $74.00 to $77.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Stifel Nicolaus upped their price target on Scotts Miracle-Gro from $75.00 to $76.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Scotts Miracle-Gro in a research report on Friday, July 31st. Finally, Wall Street Zen lowered Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Scotts Miracle-Gro currently has an average rating of “Hold” and an average target price of $75.40.

Scotts Miracle-Gro Stock Performance

Shares of SMG stock opened at $55.79 on Tuesday. Scotts Miracle-Gro has a fifty-two week low of $52.00 and a fifty-two week high of $75.34. The stock has a market capitalization of $3.25 billion, a P/E ratio of 48.43 and a beta of 1.83. The company has a 50 day moving average price of $63.55 and a 200 day moving average price of $63.23.

Scotts Miracle-Gro (NYSE:SMG) last released its earnings results on Wednesday, July 29th. The basic materials company reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.34. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.17 billion. Scotts Miracle-Gro had a negative return on equity of 81.90% and a net margin of 2.19%.Scotts Miracle-Gro’s revenue was up 1.1% compared to the same quarter last year. During the same period last year, the business posted $2.59 earnings per share. On average, research analysts forecast that Scotts Miracle-Gro will post 4.41 EPS for the current fiscal year.

Scotts Miracle-Gro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were paid a $0.66 dividend. The ex-dividend date was Friday, August 21st. This represents a $2.64 dividend on an annualized basis and a yield of 4.7%. Scotts Miracle-Gro’s payout ratio is currently 229.57%.

Insider Transactions at Scotts Miracle-Gro

In other Scotts Miracle-Gro news, Director Hagedorn Partnership, L.P. sold 30,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $67.45, for a total value of $2,023,500.00. Following the completion of the transaction, the director directly owned 13,137,641 shares of the company’s stock, valued at approximately $886,133,885.45. This trade represents a 0.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark D. Kingdon sold 831 shares of Scotts Miracle-Gro stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $61.65, for a total value of $51,231.15. Following the transaction, the director owned 10,827 shares of the company’s stock, valued at $667,484.55. This represents a 7.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 32,002 shares of company stock valued at $2,154,734. Corporate insiders own 24.40% of the company’s stock.

About Scotts Miracle-Gro

Scotts Miracle-Gro Company is a manufacturer and marketer of branded consumer lawn and garden products. Founded in 1868 and headquartered in Marysville, Ohio, the company serves homeowners and gardening enthusiasts through products designed for growing, feeding, protecting and maintaining plants and lawns.

Its portfolio includes lawn fertilizers, grass seed, gardening soils, plant foods, weed and pest controls, and related gardening products. Well-known brands include Scotts, Miracle-Gro, Turf Builder, Ortho, Tomcat and Earthgro.