Scotts Miracle-Gro (NYSE:SMG) Releases FY 2026 Earnings Guidance

Scotts Miracle-Gro (NYSE:SMG) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.300-4.450 for the period, compared to the consensus earnings per share estimate of 4.410. The company issued revenue guidance of -.

Analysts Set New Price Targets

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

Scotts Miracle-Gro Trading Down 0.6%

Shares of NYSE SMG opened at $55.57 on Tuesday. The firm has a market cap of $3.23 billion, a PE ratio of 48.32 and a beta of 1.83. Scotts Miracle-Gro has a 1-year low of $52.00 and a 1-year high of $75.34. The company has a fifty day moving average price of $63.55 and a 200 day moving average price of $63.23.

Scotts Miracle-Gro (NYSE:SMG) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.34. Scotts Miracle-Gro had a negative return on equity of 81.90% and a net margin of 2.19%.The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the prior year, the firm posted $2.59 EPS. The business’s revenue was up 1.1% on a year-over-year basis. Equities research analysts forecast that Scotts Miracle-Gro will post 4.41 EPS for the current year.

Scotts Miracle-Gro Announces Dividend

The firm also recently disclosed 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. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Friday, August 21st. Scotts Miracle-Gro’s dividend payout ratio is currently 229.57%.

Insider Buying and Selling

In related news, Director Mark D. Kingdon sold 831 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $61.65, for a total transaction of $51,231.15. Following the completion of the transaction, the director directly owned 10,827 shares of the company’s stock, valued at approximately $667,484.55. This represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Hagedorn Partnership, L.P. sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $67.45, for a total value of $2,023,500.00. Following the transaction, the director directly owned 13,137,641 shares in the company, valued at $886,133,885.45. This trade represents a 0.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 32,002 shares of company stock worth $2,154,734. Corporate 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.