Scotts Miracle-Gro (SMG) Projected to Release Earnings on Wednesday

Scotts Miracle-Gro (NYSE:SMG) will likely be posting its Q3 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $2.53 per share and revenue of $1.1726 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 8:15 AM ET.

Scotts Miracle-Gro (NYSE:SMG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $4.53 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 period last year, the business posted $3.98 EPS. The firm’s revenue for the quarter was up 2.7% 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 Stock Performance

SMG stock opened at $69.42 on Monday. The stock’s 50 day simple moving average is $63.70 and its 200 day simple moving average is $63.98. Scotts Miracle-Gro has a fifty-two week low of $52.00 and a fifty-two week high of $75.34. The company has a market cap of $4.04 billion, a P/E ratio of 38.78 and a beta of 1.81.

Hedge Funds Weigh In On Scotts Miracle-Gro

Several institutional investors have recently added to or reduced their stakes in SMG. Caitong International Asset Management Co. Ltd bought a new stake in Scotts Miracle-Gro in the third quarter worth about $32,000. Aster Capital Management DIFC Ltd bought a new position in shares of Scotts Miracle-Gro during the 4th quarter valued at approximately $53,000. Quarry LP increased its stake 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 purchasing an additional 1,006 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake 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 purchasing an additional 739 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Scotts Miracle-Gro in the 3rd quarter worth approximately $121,000. Institutional investors own 74.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SMG. Wells Fargo & Company boosted their price objective on Scotts Miracle-Gro from $72.00 to $74.00 and gave the company an “overweight” rating in a report on Wednesday, July 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $79.00 target price on shares of Scotts Miracle-Gro in a report on Wednesday, April 29th. Wall Street Zen raised shares of Scotts Miracle-Gro from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. UBS Group boosted their price target on shares of Scotts Miracle-Gro from $63.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Finally, Stifel Nicolaus lowered their price objective on shares of Scotts Miracle-Gro from $76.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, June 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $73.00.

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.