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

Posted by Stanley Muller on Sep 15th, 2026

Scotts Miracle-Gro (NYSE:SMG – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.300-4.450 for the period, compared to the consensus earnings per share estimate of 4.410. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

SMG has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Scotts Miracle-Gro in a research report on Friday, July 31st. UBS Group lifted their price target on shares of Scotts Miracle-Gro from $70.00 to $78.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Stifel Nicolaus upped their target price on shares of Scotts Miracle-Gro from $75.00 to $76.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Wall Street Zen cut shares of Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Wells Fargo & Company raised their price objective on Scotts Miracle-Gro from $74.00 to $77.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Scotts Miracle-Gro has a consensus rating of “Hold” and an average price target of $75.40.

View Our Latest Stock Analysis on SMG

Scotts Miracle-Gro Stock Performance

Shares of NYSE:SMG opened at $55.57 on Tuesday. The company has a market cap of $3.23 billion, a P/E ratio of 48.32 and a beta of 1.83. Scotts Miracle-Gro has a one year low of $52.00 and a one year high of $75.34. The business’s 50-day simple moving average is $63.55 and its 200 day simple moving average is $63.23.

Scotts Miracle-Gro (NYSE:SMG – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.82 EPS for the quarter, topping the consensus estimate of $2.48 by $0.34. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Scotts Miracle-Gro had a net margin of 2.19% and a negative return on equity of 81.90%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.59 earnings per share. Analysts predict that Scotts Miracle-Gro will post 4.41 earnings per share for the current year.

Scotts Miracle-Gro Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Friday, August 21st. Scotts Miracle-Gro’s payout ratio is presently 229.57%.

Insider Activity

In other news, Director Stephen L. Johnson sold 1,171 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $68.32, for a total transaction of $80,002.72. Following the completion of the sale, the director owned 30,179 shares in the company, valued at approximately $2,061,829.28. This represents a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark D. Kingdon sold 831 shares of Scotts Miracle-Gro stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $61.65, for a total value of $51,231.15. Following the sale, the director directly owned 10,827 shares in the company, valued at approximately $667,484.55. This trade represents a 7.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 32,002 shares of company stock worth $2,154,734. Insiders own 24.40% of the company’s stock.

Scotts Miracle-Gro Company Profile

(Get Free Report)

Scotts Miracle-Gro Company is a manufacturer and marketer of branded consumer lawn and garden products. Founded in 1868 and headquartered in Marysville, Ohio, the company serves homeowners and gardening enthusiasts through products designed for growing, feeding, protecting and maintaining plants and lawns.

Its portfolio includes lawn fertilizers, grass seed, gardening soils, plant foods, weed and pest controls, and related gardening products. Well-known brands include Scotts, Miracle-Gro, Turf Builder, Ortho, Tomcat and Earthgro.