What is William Blair’s Forecast for SMG Q1 Earnings?

The Scotts Miracle-Gro Company (NYSE:SMG) – Equities researchers at William Blair issued their Q1 2026 earnings estimates for shares of Scotts Miracle-Gro in a research report issued on Wednesday, November 5th. William Blair analyst J. Andersen forecasts that the basic materials company will post earnings of ($1.19) 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 FY2026 earnings at $4.20 EPS.

Scotts Miracle-Gro (NYSE:SMG) last posted its earnings results on Wednesday, November 5th. The basic materials company reported ($1.96) 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 for the quarter, compared to analyst estimates of $396.75 million. During the same period in the previous year, the company earned ($2.31) earnings per share. The company’s quarterly 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.

Several other equities research analysts have also weighed in on SMG. UBS Group reduced their target price on Scotts Miracle-Gro from $62.00 to $61.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Zacks Research cut shares of Scotts Miracle-Gro from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 19th. Wells Fargo & Company lowered their target price on shares of Scotts Miracle-Gro from $75.00 to $67.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Stifel Nicolaus set a $70.00 target price on shares of Scotts Miracle-Gro and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Jefferies Financial Group upped their price target on shares of Scotts Miracle-Gro from $71.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $69.50.

Scotts Miracle-Gro Stock Performance

SMG opened at $58.01 on Monday. The company has a market cap of $3.35 billion, a PE ratio of 76.33 and a beta of 1.98. The stock has a 50-day moving average of $57.31 and a 200-day moving average of $60.61. Scotts Miracle-Gro has a 52-week low of $45.61 and a 52-week high of $83.55.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SMG. American National Bank & Trust acquired a new stake in Scotts Miracle-Gro during the second quarter worth $28,000. Covestor Ltd lifted its holdings in shares of Scotts Miracle-Gro by 201.1% during the 3rd quarter. Covestor Ltd now owns 527 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 352 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Scotts Miracle-Gro by 157.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 584 shares of the basic materials company’s stock valued at $33,000 after acquiring an additional 357 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Scotts Miracle-Gro by 156.7% in the third quarter. Smartleaf Asset Management LLC now owns 634 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 387 shares during the period. Finally, Byrne Asset Management LLC acquired a new position in Scotts Miracle-Gro in the second quarter worth about $45,000. 74.07% of the stock is owned by institutional investors.

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 transaction of $3,569,011.66. Following the sale, the director directly owned 13,217,641 shares of the company’s stock, valued at $832,975,735.82. This trade represents a 0.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark J. Scheiwer purchased 1,790 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were purchased at an average price of $61.32 per share, for a total transaction of $109,762.80. Following the completion of the purchase, the executive vice president directly 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. 25.37% of the stock is owned by company insiders.

Scotts Miracle-Gro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 21st will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, November 21st. Scotts Miracle-Gro’s dividend payout ratio (DPR) is presently 109.09%.

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.