Q2 EPS Estimate for Scotts Miracle-Gro Boosted by Analyst

The Scotts Miracle-Gro Company (NYSE:SMGFree Report) – Equities research analysts at William Blair lifted their Q2 2025 EPS estimates for shares of Scotts Miracle-Gro in a research note issued on Wednesday, January 29th. William Blair analyst J. Andersen now expects that the basic materials company will earn $4.00 per share for the quarter, up from their previous estimate of $3.75. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.29 per share. William Blair also issued estimates for Scotts Miracle-Gro’s Q3 2025 earnings at $2.30 EPS, FY2025 earnings at $3.55 EPS and FY2026 earnings at $4.00 EPS.

Scotts Miracle-Gro (NYSE:SMGGet Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The basic materials company reported ($0.89) earnings per share for the quarter, topping the consensus estimate of ($1.23) by $0.34. Scotts Miracle-Gro had a negative net margin of 0.67% and a negative return on equity of 62.12%. During the same quarter last year, the business earned ($1.45) earnings per share.

A number of other analysts have also weighed in on the stock. Wells Fargo & Company lowered their price target on shares of Scotts Miracle-Gro from $85.00 to $80.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Stifel Nicolaus boosted their target price on Scotts Miracle-Gro from $75.00 to $81.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. Jefferies Financial Group started coverage on Scotts Miracle-Gro in a report on Monday, December 9th. They issued a “hold” rating and a $72.00 price target on the stock. UBS Group dropped their price objective on Scotts Miracle-Gro from $77.00 to $72.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Scotts Miracle-Gro from $85.00 to $80.00 and set an “overweight” rating on the stock in a research note on Thursday, November 7th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Scotts Miracle-Gro has an average rating of “Hold” and an average target price of $75.83.

Check Out Our Latest Stock Analysis on Scotts Miracle-Gro

Scotts Miracle-Gro Stock Performance

Scotts Miracle-Gro stock opened at $70.87 on Friday. Scotts Miracle-Gro has a 52 week low of $53.43 and a 52 week high of $93.90. The firm has a market cap of $4.07 billion, a P/E ratio of -147.63 and a beta of 1.73. The business’s fifty day moving average is $71.28 and its two-hundred day moving average is $74.68.

Scotts Miracle-Gro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be paid a dividend of $0.66 per share. The ex-dividend date is Friday, February 21st. This represents a $2.64 dividend on an annualized basis and a yield of 3.73%. Scotts Miracle-Gro’s payout ratio is -550.00%.

Insiders Place Their Bets

In other news, major shareholder Hagedorn Partnership, L.P. sold 28,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $75.91, for a total value of $2,125,480.00. Following the completion of the transaction, the insider now owns 13,553,774 shares in the company, valued at $1,028,866,984.34. This trade represents a 0.21 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Nathan Eric Baxter sold 11,359 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $75.37, for a total transaction of $856,127.83. Following the transaction, the chief operating officer now owns 51,631 shares in the company, valued at approximately $3,891,428.47. The trade was a 18.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 58,227 shares of company stock worth $4,410,268. Company insiders own 25.37% of the company’s stock.

Institutional Investors Weigh In On Scotts Miracle-Gro

Institutional investors have recently modified their holdings of the business. OLD National Bancorp IN increased its stake in Scotts Miracle-Gro by 2.7% in the third quarter. OLD National Bancorp IN now owns 5,049 shares of the basic materials company’s stock valued at $438,000 after purchasing an additional 131 shares in the last quarter. Nicollet Investment Management Inc. increased its position in Scotts Miracle-Gro by 1.1% in the 3rd quarter. Nicollet Investment Management Inc. now owns 12,845 shares of the basic materials company’s stock valued at $1,114,000 after buying an additional 135 shares in the last quarter. PFG Investments LLC raised its stake in Scotts Miracle-Gro by 4.6% during the 4th quarter. PFG Investments LLC now owns 3,226 shares of the basic materials company’s stock worth $214,000 after buying an additional 141 shares during the period. Blue Trust Inc. boosted its holdings in Scotts Miracle-Gro by 83.6% in the third quarter. Blue Trust Inc. now owns 369 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 168 shares in the last quarter. Finally, Mitchell & Pahl Private Wealth LLC grew its stake in Scotts Miracle-Gro by 2.2% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 9,370 shares of the basic materials company’s stock valued at $812,000 after acquiring an additional 203 shares during the period. Institutional investors own 74.07% of the company’s stock.

About Scotts Miracle-Gro

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Scotts Miracle-Gro (NYSE:SMG)

Receive News & Ratings for Scotts Miracle-Gro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scotts Miracle-Gro and related companies with MarketBeat.com's FREE daily email newsletter.