Q1 Earnings Forecast for SMG Issued By William Blair

The Scotts Miracle-Gro Company (NYSE:SMG) – Research analysts at William Blair issued their Q1 2025 earnings per share (EPS) estimates for Scotts Miracle-Gro in a research report issued to clients and investors on Wednesday, November 6th. William Blair analyst J. Andersen anticipates that the basic materials company will earn ($1.27) per share for the quarter. The consensus estimate for Scotts Miracle-Gro’s current full-year earnings is $3.69 per share. William Blair also issued estimates for Scotts Miracle-Gro’s Q2 2025 earnings at $3.75 EPS, Q3 2025 earnings at $2.23 EPS and Q4 2025 earnings at ($1.40) EPS.

A number of other research firms have also issued reports on SMG. Truist Financial dropped their target price on shares of Scotts Miracle-Gro from $90.00 to $70.00 and set a “hold” rating for the company in a report on Friday. UBS Group dropped their price objective on shares of Scotts Miracle-Gro from $90.00 to $77.00 and set a “neutral” rating for the company in a research note on Thursday. JPMorgan Chase & Co. decreased 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. Wells Fargo & Company dropped their price target on Scotts Miracle-Gro from $95.00 to $85.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Stifel Nicolaus lifted their price objective 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. Five 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.com, the stock currently has a consensus rating of “Hold” and an average price target of $78.60.

Scotts Miracle-Gro Stock Performance

Shares of SMG opened at $72.60 on Friday. The stock has a 50 day moving average price of $80.87 and a 200 day moving average price of $72.46. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of -105.22 and a beta of 1.76. Scotts Miracle-Gro has a one year low of $48.29 and a one year high of $93.90.

Institutional Investors Weigh In On Scotts Miracle-Gro

A number of hedge funds have recently added to or reduced their stakes in the business. Global X Japan Co. Ltd. purchased a new stake in shares of Scotts Miracle-Gro during the third quarter worth $26,000. Farther Finance Advisors LLC grew its stake in Scotts Miracle-Gro by 427.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 332 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 269 shares in the last quarter. Blue Trust Inc. increased its holdings in Scotts Miracle-Gro by 83.6% during the 3rd quarter. Blue Trust Inc. now owns 369 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 168 shares during the period. Whittier Trust Co. of Nevada Inc. acquired a new stake in Scotts Miracle-Gro in the 2nd quarter valued at about $25,000. Finally, Versant Capital Management Inc boosted its stake in shares of Scotts Miracle-Gro by 80.1% in the 2nd quarter. Versant Capital Management Inc now owns 389 shares of the basic materials company’s stock valued at $25,000 after buying an additional 173 shares during the period. 74.07% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, major shareholder Hagedorn Partnership, L.P. sold 85,130 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $70.93, for a total value of $6,038,270.90. Following the sale, the insider now directly owns 13,608,238 shares in the company, valued at approximately $965,232,321.34. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, major shareholder Hagedorn Partnership, L.P. sold 85,130 shares of Scotts Miracle-Gro stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $70.93, for a total value of $6,038,270.90. Following the completion of the sale, the insider now owns 13,608,238 shares in the company, valued at approximately $965,232,321.34. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Nathan Eric Baxter sold 2,988 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $70.93, for a total value of $211,938.84. Following the transaction, the chief operating officer now owns 37,920 shares in the company, valued at $2,689,665.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 26.46% of the stock is owned by insiders.

Scotts Miracle-Gro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be given a $0.66 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.64 annualized dividend and a yield of 3.64%. Scotts Miracle-Gro’s payout ratio is -382.61%.

About Scotts Miracle-Gro

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.