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

Scotts Miracle-Gro (NYSE:SMG) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.150-4.350 for the period, compared to the consensus estimate of 4.340. The company issued revenue guidance of -.

Scotts Miracle-Gro Stock Performance

Shares of SMG opened at $69.42 on Friday. The business’s fifty day moving average price is $63.70 and its two-hundred day moving average price is $63.96. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of 38.78 and a beta of 1.81. Scotts Miracle-Gro has a 52 week low of $52.00 and a 52 week high of $75.34.

Scotts Miracle-Gro (NYSE:SMG) last released its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $4.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.97 by $0.56. Scotts Miracle-Gro had a negative return on equity of 79.61% and a net margin of 3.27%.The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the company earned $3.98 earnings per share. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, research analysts forecast that Scotts Miracle-Gro will post 4.3 EPS for the current year.

Wall Street Analysts Forecast Growth

SMG has been the subject of several research reports. Wells Fargo & Company upped their target price on Scotts Miracle-Gro from $72.00 to $74.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. UBS Group lifted their target price on Scotts Miracle-Gro from $63.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Stifel Nicolaus reduced their target price on Scotts Miracle-Gro from $76.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, June 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Scotts Miracle-Gro in a research report on Monday, May 4th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $79.00 target price on shares of Scotts Miracle-Gro in a research note on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $73.00.

Institutional Trading of Scotts Miracle-Gro

Large investors have recently added to or reduced their stakes in the business. State Street Corp increased its stake in Scotts Miracle-Gro by 1.1% in the 2nd quarter. State Street Corp now owns 1,522,093 shares of the basic materials company’s stock worth $100,397,000 after purchasing an additional 16,298 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Scotts Miracle-Gro by 29.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,165,367 shares of the basic materials company’s stock valued at $66,368,000 after acquiring an additional 265,677 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Scotts Miracle-Gro by 0.3% during the fourth quarter. Captrust Financial Advisors now owns 1,157,714 shares of the basic materials company’s stock worth $67,553,000 after buying an additional 2,899 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in Scotts Miracle-Gro by 26.3% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 898,519 shares of the basic materials company’s stock worth $51,171,000 after purchasing an additional 187,130 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Scotts Miracle-Gro by 15.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 823,662 shares of the basic materials company’s stock worth $48,059,000 after purchasing an additional 108,428 shares during the last quarter. 74.07% of the stock is currently owned by institutional investors and hedge funds.

About Scotts Miracle-Gro

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.