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 Wednesday morning. The company provided EPS guidance of 4.150-4.35 for the period, compared to the consensus EPS estimate of 4.280. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

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

Scotts Miracle-Gro Price Performance

Shares of Scotts Miracle-Gro stock opened at $62.77 on Thursday. Scotts Miracle-Gro has a 1 year low of $45.61 and a 1 year high of $79.11. The business has a 50 day moving average price of $58.64 and a 200 day moving average price of $59.38. The company has a market capitalization of $3.64 billion, a P/E ratio of 25.94 and a beta of 1.95.

Scotts Miracle-Gro (NYSE:SMG) last released its quarterly earnings results on Wednesday, January 28th. The basic materials company reported ($0.77) earnings per share for the quarter, topping the consensus estimate of ($1.04) by $0.27. Scotts Miracle-Gro had a negative return on equity of 67.74% and a net margin of 4.26%.The company had revenue of $354.40 million during the quarter, compared to the consensus estimate of $353.25 million. During the same quarter last year, the business posted ($0.89) earnings per share. Scotts Miracle-Gro’s revenue was down 3.3% compared to the same quarter last year. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. As a group, research analysts expect that Scotts Miracle-Gro will post 3.42 EPS for the current fiscal year.

Scotts Miracle-Gro Dividend Announcement

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

Key Scotts Miracle-Gro News

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

• Positive Sentiment: Q1 results beat expectations — EPS of ($0.77) versus consensus ($1.04) and revenue of $354.4M slightly above estimates; management emphasized progress on profitability in the call. Q1 Press Release / Slide Deck
• Positive Sentiment: New capital-return plans: management unveiled a multi-year share repurchase program to begin in late 2026 and reiterated a healthy quarterly dividend ($0.66 per share; ~4.2% yield), supporting shareholder returns. Scotts Maps Profitable Pivot and Buybacks
• Positive Sentiment: Strategic portfolio move: the company struck a deal to sell Hawthorne (cannabis-supply unit) to Vireo Growth, reducing exposure to a volatile segment and sharpening focus on core consumer lawn & garden markets. Scotts Miracle-Gro Strikes Deal to Sell Cannabis-Supply Unit
• Positive Sentiment: Analyst support: William Blair and other brokers have reiterated bullish views / a Buy rating citing improved strategic focus and valuation. Sharpened Focus and Attractive Valuation Underpin Buy Rating
• Neutral Sentiment: Primary documents and call transcript are available for deeper review (slides and full earnings-call transcript). Investors should review the presentation for segment-level details and timing of the buyback program. Q1 Earnings Call Transcript
• Negative Sentiment: Underlying weakness: revenue declined ~3.3% year-over-year and margins remain thin (net margin ~4.3%); return on equity is deeply negative, reflecting past goodwill/asset writing and continuing profitability pressures. Scotts Reports Q1 Loss, Tops Revenue Estimates
• Negative Sentiment: FY2026 EPS guidance set to $4.15–4.35 — it overlaps Street estimates (~4.28) but does not materially raise the outlook, leaving investors cautious about near-term growth momentum. Q1 Press Release / Guidance

Hedge Funds Weigh In On Scotts Miracle-Gro

A number of institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Scotts Miracle-Gro in the 3rd quarter valued at $32,000. CIBC Private Wealth Group LLC raised its position in shares of Scotts Miracle-Gro by 104.2% in 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 during the period. Advisory Services Network LLC purchased a new stake in Scotts Miracle-Gro during the third quarter valued at about $121,000. State of Wyoming acquired a new stake in Scotts Miracle-Gro during the second quarter worth about $216,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of Scotts Miracle-Gro in the 2nd quarter worth about $222,000. Institutional investors and hedge funds own 74.07% of the company’s stock.

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.