Brokerages Set The Scotts Miracle-Gro Company (NYSE:SMG) Target Price at $72.67

Posted by Brenda Bartman on Jun 27th, 2026

The Scotts Miracle-Gro Company (NYSE:SMG – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $72.6667.

A number of research firms recently commented on SMG. Jefferies Financial Group reissued a “buy” rating and issued a $79.00 target price on shares of Scotts Miracle-Gro in a research note on Wednesday, April 29th. JPMorgan Chase & Co. cut Scotts Miracle-Gro from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $70.00 to $67.00 in a research note on Thursday, March 26th. Stifel Nicolaus reduced their price objective on Scotts Miracle-Gro from $76.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, June 8th. Wells Fargo & Company reduced their price objective on Scotts Miracle-Gro from $75.00 to $72.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Finally, Wall Street Zen cut Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th.

Get Our Latest Report on SMG

Scotts Miracle-Gro Stock Up 0.9%

SMG opened at $69.96 on Monday. The stock has a market cap of $4.07 billion, a PE ratio of 39.08 and a beta of 1.84. Scotts Miracle-Gro has a 52 week low of $52.00 and a 52 week high of $72.35. The business’s fifty day simple moving average is $61.65 and its 200 day simple moving average is $62.50.

Scotts Miracle-Gro (NYSE:SMG – Get Free Report) last released its earnings results on Wednesday, April 29th. The basic materials company reported $4.53 EPS for the quarter, beating analysts’ consensus estimates of $3.97 by $0.56. The business had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Scotts Miracle-Gro had a negative return on equity of 79.61% and a net margin of 3.27%.The firm’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.98 earnings per share. As a group, equities analysts anticipate that Scotts Miracle-Gro will post 4.36 earnings per share for the current year.

Scotts Miracle-Gro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, May 22nd. Scotts Miracle-Gro’s dividend payout ratio (DPR) is 147.49%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Elo Mutual Pension Insurance Co grew its stake in shares of Scotts Miracle-Gro by 101.4% during the third quarter. Elo Mutual Pension Insurance Co now owns 41,408 shares of the basic materials company’s stock valued at $2,358,000 after buying an additional 20,843 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Scotts Miracle-Gro by 21.4% during the third quarter. JPMorgan Chase & Co. now owns 155,498 shares of the basic materials company’s stock valued at $8,856,000 after buying an additional 27,422 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Scotts Miracle-Gro by 46.6% during the fourth quarter. Sound Income Strategies LLC now owns 230,966 shares of the basic materials company’s stock valued at $14,692,000 after buying an additional 73,455 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Scotts Miracle-Gro by 14.5% during the third quarter. Captrust Financial Advisors now owns 1,154,815 shares of the basic materials company’s stock worth $65,767,000 after purchasing an additional 146,192 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Scotts Miracle-Gro by 223.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,239 shares of the basic materials company’s stock worth $1,706,000 after purchasing an additional 20,196 shares during the period. 74.07% of the stock is owned by institutional investors.

Scotts Miracle-Gro Company Profile

(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.