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

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect Scotts Miracle-Gro to post earnings of $3.95 per share and revenue of $1.50 billion for the quarter.

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) last issued its earnings results on Wednesday, January 29th. The basic materials company reported ($0.89) EPS for the quarter, beating the consensus estimate of ($1.23) by $0.34. Scotts Miracle-Gro had a negative net margin of 0.67% and a negative return on equity of 51.48%. During the same period in the prior year, the firm posted ($1.45) EPS. On average, analysts expect Scotts Miracle-Gro to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Scotts Miracle-Gro Trading Down 1.0 %

Shares of Scotts Miracle-Gro stock traded down $0.56 during mid-day trading on Friday, reaching $53.03. 1,003,213 shares of the stock were exchanged, compared to its average volume of 906,870. Scotts Miracle-Gro has a fifty-two week low of $46.45 and a fifty-two week high of $93.90. The company has a market cap of $3.05 billion, a price-to-earnings ratio of -110.48 and a beta of 1.96. The firm has a 50-day simple moving average of $56.51 and a 200 day simple moving average of $68.50.

Scotts Miracle-Gro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.98%. The ex-dividend date is Friday, May 23rd. Scotts Miracle-Gro's payout ratio is presently -550.00%.

Analysts Set New Price Targets

A number of equities research analysts have commented on SMG shares. Jefferies Financial Group raised shares of Scotts Miracle-Gro from a "hold" rating to a "buy" rating and decreased their price objective for the stock from $72.00 to $69.00 in a report on Monday, April 7th. Wells Fargo & Company cut their price target on Scotts Miracle-Gro from $70.00 to $65.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Stifel Nicolaus raised shares of Scotts Miracle-Gro from a "hold" rating to a "buy" rating and reduced their price objective for the stock from $78.00 to $70.00 in a research note on Tuesday, March 4th. Truist Financial raised Scotts Miracle-Gro from a "hold" rating to a "buy" rating and set a $70.00 target price for the company in a research note on Wednesday, April 2nd. Finally, UBS Group reduced their price target on shares of Scotts Miracle-Gro from $77.00 to $55.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $68.17.

Insider Buying and Selling

In other Scotts Miracle-Gro news, Director Brian E. Sandoval sold 1,513 shares of the company's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $65.86, for a total transaction of $99,646.18. Following the completion of the sale, the director now directly owns 13,039 shares in the company, valued at $858,748.54. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hagedorn Partnership, L.P. sold 12,123 shares of the firm's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $66.86, for a total value of $810,543.78. Following the completion of the sale, the director now directly owns 13,432,151 shares in the company, valued at $898,073,615.86. This trade represents a 0.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 159,937 shares of company stock valued at $11,379,275 over the last 90 days. 25.37% of the stock is owned by corporate insiders.

Scotts Miracle-Gro Company Profile

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions.