William Blair Issues Optimistic Estimate for SMG Earnings

The Scotts Miracle-Gro Company (NYSE:SMG) – Research analysts at William Blair increased their Q2 2025 EPS estimates for Scotts Miracle-Gro in a research note issued to investors on Wednesday, January 29th. William Blair analyst J. Andersen now forecasts 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:SMG) last announced its earnings results on Wednesday, January 29th. The basic materials company reported ($0.89) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.23) by $0.34. Scotts Miracle-Gro had a negative return on equity of 62.12% and a negative net margin of 0.67%. During the same period last year, the business posted ($1.45) EPS.

SMG has been the subject of a number of other research reports. Stifel Nicolaus lifted their price objective on shares of Scotts Miracle-Gro from $75.00 to $81.00 and gave the stock a “hold” rating in a report on Monday, November 4th. UBS Group dropped their price objective on shares of Scotts Miracle-Gro from $77.00 to $72.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Truist Financial decreased their target price on Scotts Miracle-Gro from $90.00 to $70.00 and set a “hold” rating for the company in a research note on Friday, November 8th. Jefferies Financial Group began coverage on Scotts Miracle-Gro in a research report on Monday, December 9th. They set a “hold” rating and a $72.00 price target on the stock. Finally, Wells Fargo & Company reduced 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. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $75.83.

Scotts Miracle-Gro Stock Performance

Shares of SMG stock opened at $70.87 on Friday. Scotts Miracle-Gro has a one year low of $53.43 and a one year high of $93.90. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of -147.63 and a beta of 1.73. The company’s 50-day simple moving average is $71.28 and its 200-day simple moving average is $74.68.

Scotts Miracle-Gro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be given a dividend of $0.66 per share. The ex-dividend date of this dividend 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%.

Insider Activity at Scotts Miracle-Gro

In related news, CEO James Hagedorn sold 18,368 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $75.68, for a total transaction of $1,390,090.24. Following the completion of the sale, the chief executive officer now owns 87,426 shares in the company, valued at $6,616,399.68. This represents a 17.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Hagedorn Partnership, L.P. sold 500 shares of Scotts Miracle-Gro stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $77.14, for a total value of $38,570.00. Following the completion of the transaction, the insider now directly owns 13,553,274 shares in the company, valued at approximately $1,045,499,556.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,227 shares of company stock valued at $4,410,268. 25.37% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Scotts Miracle-Gro

Several hedge funds and other institutional investors have recently modified their holdings of SMG. Jacobs Levy Equity Management Inc. raised its stake in shares of Scotts Miracle-Gro by 1,033.4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 364,045 shares of the basic materials company’s stock valued at $31,563,000 after purchasing an additional 331,925 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of Scotts Miracle-Gro by 8,330.2% in the 3rd quarter. International Assets Investment Management LLC now owns 281,485 shares of the basic materials company’s stock valued at $24,405,000 after buying an additional 278,146 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Scotts Miracle-Gro by 228.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 252,798 shares of the basic materials company’s stock worth $21,918,000 after acquiring an additional 175,719 shares during the period. Pacer Advisors Inc. boosted its position in shares of Scotts Miracle-Gro by 5.0% during the 3rd quarter. Pacer Advisors Inc. now owns 3,172,800 shares of the basic materials company’s stock valued at $275,082,000 after acquiring an additional 151,354 shares in the last quarter. Finally, De Lisle Partners LLP acquired a new stake in shares of Scotts Miracle-Gro during the 3rd quarter valued at about $10,162,000. Institutional investors and hedge funds own 74.07% of the company’s stock.

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.