Q2 EPS Estimate for Scotts Miracle-Gro Raised by Analyst

The Scotts Miracle-Gro Company (NYSE:SMG - Free Report) - Equities research analysts at Zacks Research boosted their Q2 2025 earnings per share estimates for Scotts Miracle-Gro in a research report issued on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings of $3.97 per share for the quarter, up from their prior forecast of $3.91. The consensus estimate for Scotts Miracle-Gro's current full-year earnings is $3.40 per share. Zacks Research also issued estimates for Scotts Miracle-Gro's Q3 2025 earnings at $2.04 EPS, Q3 2026 earnings at $1.88 EPS and FY2026 earnings at $3.69 EPS.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. cut their price objective on Scotts Miracle-Gro from $85.00 to $80.00 and set an "overweight" rating on the stock in a research note on Thursday, November 7th. Wells Fargo & Company dropped their price target on Scotts Miracle-Gro from $85.00 to $80.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Truist Financial dropped their price target on Scotts Miracle-Gro from $90.00 to $70.00 and set a "hold" rating on the stock in a research note on Friday, November 8th. Jefferies Financial Group initiated coverage on Scotts Miracle-Gro in a research note on Monday, December 9th. They issued a "hold" rating and a $72.00 price target on the stock. Finally, Stifel Nicolaus boosted their price target on Scotts Miracle-Gro from $75.00 to $81.00 and gave the company a "hold" rating in a research note on Monday, November 4th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $75.83.

Scotts Miracle-Gro Price Performance

Shares of Scotts Miracle-Gro stock traded down $2.59 during midday trading on Thursday, reaching $60.32. The company had a trading volume of 1,116,309 shares, compared to its average volume of 728,030. The stock has a fifty day moving average price of $68.39 and a 200 day moving average price of $74.30. The firm has a market cap of $3.47 billion, a PE ratio of -125.66 and a beta of 1.74. Scotts Miracle-Gro has a fifty-two week low of $56.01 and a fifty-two week high of $93.90.

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The basic materials company reported ($0.89) EPS for the quarter, topping analysts' consensus estimates of ($1.23) by $0.34. Scotts Miracle-Gro had a negative return on equity of 51.48% and a negative net margin of 0.67%. During the same period last year, the company earned ($1.45) EPS.

Scotts Miracle-Gro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 21st will be given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, February 21st. Scotts Miracle-Gro's payout ratio is -550.00%.

Insider Transactions at Scotts Miracle-Gro

In other news, Director Brian E. Sandoval sold 1,513 shares of the company's stock in a transaction that occurred 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 transaction, the director now directly owns 13,039 shares of the company's stock, valued at $858,748.54. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO James Hagedorn sold 142,733 shares of the company's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $71.56, for a total value of $10,213,973.48. Following the transaction, the chief executive officer now directly owns 88,310 shares in the company, valued at $6,319,463.60. The trade was a 61.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 218,164 shares of company stock valued at $15,789,544 over the last ninety days. 25.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On Scotts Miracle-Gro

Several institutional investors have recently bought and sold shares of the stock. Pacer Advisors Inc. grew its holdings in Scotts Miracle-Gro by 5.0% during the third quarter. Pacer Advisors Inc. now owns 3,172,800 shares of the basic materials company's stock worth $275,082,000 after buying an additional 151,354 shares in the last quarter. State Street Corp grew its holdings in Scotts Miracle-Gro by 1.1% during the third quarter. State Street Corp now owns 1,432,565 shares of the basic materials company's stock worth $124,203,000 after buying an additional 15,869 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Scotts Miracle-Gro during the fourth quarter worth $53,453,000. Geode Capital Management LLC grew its holdings in Scotts Miracle-Gro by 2.1% during the third quarter. Geode Capital Management LLC now owns 708,558 shares of the basic materials company's stock worth $61,448,000 after buying an additional 14,730 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its holdings in Scotts Miracle-Gro by 72.6% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 628,414 shares of the basic materials company's stock worth $41,689,000 after buying an additional 264,369 shares in the last quarter. Institutional investors own 74.07% of the company's stock.

About Scotts Miracle-Gro

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.