Q2 Earnings Estimate for SMG Issued By William Blair

The Scotts Miracle-Gro Company (NYSE:SMG) – Equities research analysts at William Blair issued their Q2 2026 earnings estimates for shares of Scotts Miracle-Gro in a report released on Wednesday, November 5th. William Blair analyst J. Andersen forecasts that the basic materials company will post earnings of $4.08 per share for the quarter. 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 Q3 2026 earnings at $3.00 EPS, Q4 2026 earnings at ($1.78) EPS and FY2027 earnings at $4.70 EPS.

Scotts Miracle-Gro (NYSE:SMG) last issued its quarterly earnings results on Wednesday, November 5th. The basic materials company reported ($1.96) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.88) by ($0.08). Scotts Miracle-Gro had a negative return on equity of 60.46% and a net margin of 1.54%.The business had revenue of $387.40 million during the quarter, compared to the consensus estimate of $396.75 million. During the same quarter in the previous year, the business earned ($2.31) earnings per share. The firm’s revenue was down 6.6% compared to the same quarter last year. Scotts Miracle-Gro has set its FY 2025 guidance at 4.150-4.350 EPS.

A number of other research analysts have also recently issued reports on SMG. Weiss Ratings reiterated a “hold (c-)” rating on shares of Scotts Miracle-Gro in a research note on Wednesday, October 8th. UBS Group dropped their target price on shares of Scotts Miracle-Gro from $62.00 to $61.00 and set a “neutral” rating on the stock in a research note on Thursday. Wells Fargo & Company cut their price target on shares of Scotts Miracle-Gro from $75.00 to $67.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Wall Street Zen lowered shares of Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Stifel Nicolaus set a $70.00 target price on Scotts Miracle-Gro and gave the company a “buy” rating in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $69.50.

Scotts Miracle-Gro Stock Up 0.0%

Shares of SMG stock traded up $0.02 during trading hours on Friday, hitting $56.51. 66,612 shares of the company’s stock traded hands, compared to its average volume of 963,783. The stock’s fifty day simple moving average is $57.54 and its two-hundred day simple moving average is $60.42. Scotts Miracle-Gro has a 12-month low of $45.61 and a 12-month high of $83.55. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 74.24 and a beta of 1.98.

Scotts Miracle-Gro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 21st will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, November 21st. Scotts Miracle-Gro’s payout ratio is presently 109.09%.

Insider Transactions at Scotts Miracle-Gro

In related news, Director Hagedorn Partnership, L.P. sold 56,633 shares of Scotts Miracle-Gro stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $63.02, for a total value of $3,569,011.66. Following the completion of the transaction, the director owned 13,217,641 shares in the company, valued at approximately $832,975,735.82. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark J. Scheiwer acquired 1,790 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were bought at an average price of $61.32 per share, for a total transaction of $109,762.80. Following the completion of the transaction, the executive vice president owned 10,130 shares of the company’s stock, valued at approximately $621,171.60. This trade represents a 21.46% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 25.37% of the company’s stock.

Institutional Trading of Scotts Miracle-Gro

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Scotts Miracle-Gro by 2.6% during the first quarter. Vanguard Group Inc. now owns 4,645,267 shares of the basic materials company’s stock valued at $254,979,000 after acquiring an additional 118,729 shares during the last quarter. State Street Corp grew its holdings in Scotts Miracle-Gro by 1.1% during the 2nd quarter. State Street Corp now owns 1,522,093 shares of the basic materials company’s stock valued at $100,397,000 after purchasing an additional 16,298 shares during the last quarter. Millennium Management LLC raised its position in Scotts Miracle-Gro by 288.8% in the 1st quarter. Millennium Management LLC now owns 1,421,220 shares of the basic materials company’s stock worth $78,011,000 after purchasing an additional 1,055,672 shares during the period. Captrust Financial Advisors lifted its stake in Scotts Miracle-Gro by 12,034.5% in the second quarter. Captrust Financial Advisors now owns 1,008,623 shares of the basic materials company’s stock worth $66,529,000 after purchasing an additional 1,000,311 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Scotts Miracle-Gro by 163.0% during the second quarter. Ameriprise Financial Inc. now owns 899,690 shares of the basic materials company’s stock valued at $59,344,000 after buying an additional 557,647 shares during the period. 74.07% of the stock is currently owned by institutional investors.

Scotts Miracle-Gro Company Profile

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.