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 EPS estimate of 4.410. The company issued revenue guidance of -.

Analyst Ratings Changes

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

Scotts Miracle-Gro Trading Up 0.5%

NYSE:SMG opened at $56.19 on Wednesday. The stock’s 50-day moving average is $63.34 and its 200-day moving average is $63.13. Scotts Miracle-Gro has a 1-year low of $52.00 and a 1-year high of $75.34. The stock has a market cap of $3.27 billion, a P/E ratio of 48.86 and a beta of 1.83.

Scotts Miracle-Gro (NYSE:SMG) last issued its quarterly earnings data 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. Scotts Miracle-Gro had a net margin of 2.19% and a negative return on equity of 81.90%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the business earned $2.59 EPS. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. As a group, equities analysts forecast that Scotts Miracle-Gro will post 4.41 EPS for the current year.

Scotts Miracle-Gro Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $2.64 annualized dividend and a dividend yield of 4.7%. Scotts Miracle-Gro’s dividend payout ratio (DPR) is presently 229.57%.

Insider Transactions at Scotts Miracle-Gro

In related news, Director Stephen L. Johnson sold 1,171 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $68.32, for a total transaction of $80,002.72. Following the completion of the transaction, the director directly owned 30,179 shares of the company’s stock, valued at $2,061,829.28. This trade represents a 3.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark D. Kingdon sold 831 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $61.65, for a total value of $51,231.15. Following the completion of the sale, the director directly owned 10,827 shares of the company’s stock, valued at approximately $667,484.55. The trade was a 7.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 32,002 shares of company stock worth $2,154,734. Company insiders own 24.40% of the company’s stock.

Scotts Miracle-Gro Company Profile

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.