William Blair Expects Weaker Earnings for Scotts Miracle-Gro

The Scotts Miracle-Gro Company (NYSE:SMG) – Investment analysts at William Blair dropped their Q3 2025 earnings per share (EPS) estimates for shares of Scotts Miracle-Gro in a research note issued to investors on Wednesday, April 30th. William Blair analyst J. Andersen now expects that the basic materials company will post earnings per share of $2.21 for the quarter, down from their prior estimate of $2.30. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.42 per share. William Blair also issued estimates for Scotts Miracle-Gro’s FY2025 earnings at $3.42 EPS.

Scotts Miracle-Gro (NYSE:SMG) last issued its quarterly earnings data on Wednesday, April 30th. The basic materials company reported $3.98 earnings per share for the quarter, beating analysts’ consensus estimates of $3.95 by $0.03. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Scotts Miracle-Gro had a negative return on equity of 51.48% and a negative net margin of 0.67%. The company’s revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.69 earnings per share.

Several other analysts have also recently weighed in on SMG. Stifel Nicolaus raised shares of Scotts Miracle-Gro from a “hold” rating to a “buy” rating and reduced their target price for the company from $78.00 to $70.00 in a report on Tuesday, March 4th. Truist Financial upgraded shares of Scotts Miracle-Gro from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a report on Wednesday, April 2nd. Wells Fargo & Company lowered their target price on shares of Scotts Miracle-Gro from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th. JPMorgan Chase & Co. cut their price target on Scotts Miracle-Gro from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, UBS Group lowered their price objective on Scotts Miracle-Gro from $55.00 to $54.00 and set a “neutral” rating for the company in a research report on Thursday. One 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.50.

Scotts Miracle-Gro Stock Up 6.0 %

NYSE:SMG opened at $53.38 on Friday. The company has a market cap of $3.07 billion, a price-to-earnings ratio of -111.21 and a beta of 1.96. Scotts Miracle-Gro has a 52 week low of $45.61 and a 52 week high of $93.90. The company has a fifty day simple moving average of $55.79 and a two-hundred day simple moving average of $67.58.

Scotts Miracle-Gro Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.95%. Scotts Miracle-Gro’s dividend payout ratio (DPR) is presently -550.00%.

Insider Activity

In related news, Director Brian E. Sandoval sold 1,513 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $65.86, for a total transaction of $99,646.18. Following the completion of the transaction, the director now owns 13,039 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through this hyperlink. Also, Director Hagedorn Partnership, L.P. sold 12,123 shares of the company’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $66.86, for a total value of $810,543.78. Following the sale, the director now owns 13,432,151 shares of the company’s stock, valued at approximately $898,073,615.86. The trade was a 0.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 25.37% of the company’s stock.

Hedge Funds Weigh In On Scotts Miracle-Gro

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Point72 Asset Management L.P. purchased a new stake in shares of Scotts Miracle-Gro during the fourth quarter worth about $53,453,000. Jacobs Levy Equity Management Inc. raised its stake in shares of Scotts Miracle-Gro by 72.6% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 628,414 shares of the basic materials company’s stock valued at $41,689,000 after purchasing an additional 264,369 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Scotts Miracle-Gro during the fourth quarter worth about $39,986,000. Alyeska Investment Group L.P. acquired a new position in Scotts Miracle-Gro in the fourth quarter worth about $39,434,000. Finally, Schonfeld Strategic Advisors LLC increased its holdings in Scotts Miracle-Gro by 157.3% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 469,336 shares of the basic materials company’s stock valued at $31,136,000 after buying an additional 286,962 shares during the last quarter. Hedge funds and other 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.