Key Points
- Insider buy: Scotts Miracle‑Gro EVP Mark Scheiwer bought 693 shares on Feb 24 at $71.44 each ($49,507.92), increasing his stake 4.72% to 15,370 shares worth about $1.10M.
- Earnings and guidance: The company reported Q results with EPS of ($0.77) beating the ($1.04) estimate and revenue of $354.4M, and set FY2026 guidance of $4.15–$4.35 EPS despite a 3.3% year‑over‑year revenue decline.
- Dividend and stock snapshot: Scotts declared a $0.66 quarterly dividend (annualized $2.64, yield ~3.8%) with a high payout ratio (~179.6%); shares trade near $69.30 with a market cap around $4.02B and a 52‑week high of $72.35.
The Scotts Miracle-Gro Company (NYSE:SMG - Get Free Report) EVP Mark Scheiwer acquired 693 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The stock was purchased at an average price of $71.44 per share, for a total transaction of $49,507.92. Following the acquisition, the executive vice president directly owned 15,370 shares in the company, valued at approximately $1,098,032.80. This trade represents a 4.72% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Scotts Miracle-Gro Price Performance
Shares of NYSE:SMG traded down $0.42 on Thursday, reaching $69.30. The company's stock had a trading volume of 259,057 shares, compared to its average volume of 883,949. The stock has a market capitalization of $4.02 billion, a P/E ratio of 47.20 and a beta of 1.98. The stock's 50-day moving average is $63.33 and its two-hundred day moving average is $59.64. The Scotts Miracle-Gro Company has a 52-week low of $45.61 and a 52-week high of $72.35.
Scotts Miracle-Gro (NYSE:SMG - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The basic materials company reported ($0.77) EPS for the quarter, topping the consensus estimate of ($1.04) by $0.27. Scotts Miracle-Gro had a negative return on equity of 68.59% and a net margin of 2.68%.The business had revenue of $354.40 million for the quarter, compared to analyst estimates of $353.25 million. During the same quarter in the previous year, the company earned ($0.89) EPS. The company's quarterly revenue was down 3.3% on a year-over-year basis. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. Equities analysts forecast that The Scotts Miracle-Gro Company will post 3.42 earnings per share for the current fiscal year.
Scotts Miracle-Gro Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.66 per share. The ex-dividend date is Friday, February 20th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.8%. Scotts Miracle-Gro's dividend payout ratio (DPR) is currently 179.59%.
Analyst Ratings Changes
Several analysts have recently commented on SMG shares. UBS Group set a $67.00 target price on Scotts Miracle-Gro in a report on Thursday, January 29th. Weiss Ratings restated a "hold (c-)" rating on shares of Scotts Miracle-Gro in a report on Wednesday, January 21st. Wells Fargo & Company reissued an "overweight" rating on shares of Scotts Miracle-Gro in a research note on Tuesday, February 17th. Stifel Nicolaus set a $70.00 price objective on shares of Scotts Miracle-Gro and gave the company a "buy" rating in a report on Thursday, November 6th. Finally, Jefferies Financial Group upped their target price on Scotts Miracle-Gro from $71.00 to $74.00 and gave the company a "buy" rating in a research report on Wednesday, November 5th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $71.00.
View Our Latest Analysis on SMG
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in SMG. Spire Wealth Management increased its stake in shares of Scotts Miracle-Gro by 32.1% in the second quarter. Spire Wealth Management now owns 725 shares of the basic materials company's stock valued at $48,000 after buying an additional 176 shares in the last quarter. Louisiana State Employees Retirement System grew its position in shares of Scotts Miracle-Gro by 1.6% during the 3rd quarter. Louisiana State Employees Retirement System now owns 12,400 shares of the basic materials company's stock worth $706,000 after buying an additional 200 shares during the period. State of Michigan Retirement System raised its holdings in Scotts Miracle-Gro by 1.9% in the third quarter. State of Michigan Retirement System now owns 10,600 shares of the basic materials company's stock worth $604,000 after purchasing an additional 200 shares during the period. Arizona State Retirement System raised its position in shares of Scotts Miracle-Gro by 1.8% during the third quarter. Arizona State Retirement System now owns 13,662 shares of the basic materials company's stock worth $778,000 after purchasing an additional 245 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Scotts Miracle-Gro by 2.5% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 9,911 shares of the basic materials company's stock worth $564,000 after acquiring an additional 246 shares during the period. 74.07% of the stock is owned by hedge funds and other institutional investors.
About Scotts Miracle-Gro
(
Get Free Report)
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.
Further Reading
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