The Scotts Miracle-Gro Company (SMG)

NYSE: SMG · IEX Real-Time Price · USD
68.52
-0.06 (-0.09%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-0.09%
Market Cap 3.88B
Revenue (ttm) 3.44B
Net Income (ttm) -395.80M
Shares Out 56.69M
EPS (ttm) -7.07
PE Ratio n/a
Forward PE 22.55
Dividend $2.64 (3.85%)
Ex-Dividend Date May 23, 2024
Volume 394,159
Open 68.17
Previous Close 68.58
Day's Range 68.14 - 68.94
52-Week Range 43.67 - 77.95
Beta 1.68
Analysts Hold
Price Target 74.00 (+8.0%)
Earnings Date May 1, 2024

About SMG

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 cont... [Read more]

Sector Materials
Founded 1868
Employees 5,500
Stock Exchange NYSE
Ticker Symbol SMG
Full Company Profile

Financial Performance

In 2023, SMG's revenue was $3.55 billion, a decrease of -9.50% compared to the previous year's $3.92 billion. Losses were -$380.10 million, -13.12% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for SMG stock is "Hold." The 12-month stock price forecast is $74.0, which is an increase of 8.00% from the latest price.

Price Target
$74.0
(8.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growi...

2 days ago - GlobeNewsWire

ScottsMiracle-Gro Partners with Central Ohio Beekeepers Association to Establish Apiary at Corporate Headquarters

The Central Ohio Beekeepers Association (COBA) has partnered with ScottsMiracle-Gro brand Ortho®, to establish an apiary at the Company's headquarters.

2 days ago - GlobeNewsWire

ScottsMiracle-Gro Announces Timing of Second Quarter 2024 Financial Results and Webcast

MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growi...

2 days ago - GlobeNewsWire

Best Marijuana Stocks to Buy: Cannabis Stocks for Investing

The best marijuana stocks have been put through the wringer for years. But with U.S. cannabis sales on the rise, these picks could finally have their day in the sun.

7 days ago - Kiplinger

Marijuana Stocks To Watch 3 Popular Cannabis Companies

Marijuana stock investors have been able to see better trading over the last several months. Much of this is due to speculation of what is to happen in the cannabis industry. Currently, more than 50% ...

Other symbols: GRWGAGFY
14 days ago - MarijuanaStocks

ScottsMiracle-Gro Provides Update on Fiscal 2024 Second Quarter

MARYSVILLE, Ohio, April 04, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growi...

20 days ago - GlobeNewsWire

The Scotts Miracle-Gro Foundation and Doodles and Digits Partner to Bring "How It's Math" to Public Television

WESTERVILLE, Ohio, April 01, 2024 (GLOBE NEWSWIRE) -- Doodles and Digits and The Scotts Miracle-Gro Foundation announced a partnership to underwrite the television debut of the acclaimed "How It's Mat...

23 days ago - GlobeNewsWire

Marijuana Stocks To Buy And Hold In Today's Market

In today's world of cannabis investing marijuana stocks could soon see less volatile trading. This possibility comes from a few future factors. For starters the reason there is currently a large amoun...

Other symbols: GRWGHYFM
4 weeks ago - MarijuanaStocks

Cannabis rally pushes Scott's Miracle Gro to ‘fair value' level: analyst

Raymond James on Monday cut its rating on Scott's Miracle-Gro Co. to market perform from strong buy after a runup in its stock price has left the company at roughly fair-market value.

4 weeks ago - Market Watch

Hawthorne and BFG Supply Forge Strategic Distribution Partnership

Move enables Hawthorne to bolster focus on innovation and investment in its proprietary Signature brands BFG's national distribution network and high-quality customer support model bring a new level o...

5 weeks ago - GlobeNewsWire

The Scotts Miracle-Gro Foundation Welcomes its Fourth Class of Students to The Legacy Project

MARYSVILLE, Ohio, March 07, 2024 (GLOBE NEWSWIRE) -- Developed through The Scotts Miracle-Gro Foundation and The Hagedorn Legacy Foundation, The Legacy Project is proud to welcome its fourth cohort fo...

6 weeks ago - GlobeNewsWire

3 Marijuana Stocks For Possible Gains Today

The cannabis sector since the start of 2024 has been building up its momentum slowly. Now this momentum has come in waves but it has still led to some form of rise in trading for marijuana stocks. Wit...

Other symbols: GRWGHYFM
2 months ago - MarijuanaStocks

ScottsMiracle-Gro at Raymond James and UBS investor conferences in March; Fireside chats featuring Matt Garth to be available via webcast

MARYSVILLE, Ohio, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growin...

2 months ago - GlobeNewsWire

Here Are Some Top Marijuana Stocks To Follow Now

Many marijuana stocks still trade with high levels of volatility. Even as 2024 is still just getting underway. So far over the last 6-8 weeks, there has been an increase in price fluctuation. To be fa...

Other symbols: GRWGHYFM
2 months ago - MarijuanaStocks

ScottsMiracle-Gro Reports First Quarter Results

MARYSVILLE, Ohio, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydro...

2 months ago - GlobeNewsWire

The Scotts Miracle-Gro Foundation and Alliance for Water Efficiency Partner to Support Water Usage Research and Education

MARYSVILLE, Ohio, Feb. 05, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Foundation and the Alliance for Water Efficiency (AWE) have announced an extension of their partnership that will support res...

2 months ago - GlobeNewsWire

ScottsMiracle-Gro Announces Retirement of Nancy Mistretta from Board of Directors

MARYSVILLE, Ohio, Jan. 30, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growin...

3 months ago - GlobeNewsWire

ScottsMiracle-Gro Announces Timing of First Quarter 2024 Financial Results and Webcast

MARYSVILLE, Ohio, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growin...

3 months ago - GlobeNewsWire

Essential Ancillary Cannabis Stocks to Consider Before February 2024

The ancillary cannabis stocks are a key area to watch, especially as we approach February 2024. This sector includes companies not directly involved in cannabis cultivation or sales, but supporting th...

Other symbols: GRWGHYFM
3 months ago - MarijuanaStocks

This Is Why Marijuana Stocks Recover From New Cannabis Laws

With almost the first month of 2024 gone legal cannabis is put on the front lines once again. Over the next several months we will see more states try to not only pass legalization measures but improv...

Other symbols: CGCCRON
3 months ago - MarijuanaStocks

3 Marijuana Stocks To Buy Mid-January 2024

Marijuana stocks have already begun to see an increase in momentum. Much of this has to do with various factors including cannabis reform and politics. To start 2024 is an election year so this means ...

Other symbols: GRWGHYFM
3 months ago - MarijuanaStocks

Just Dropped: MORE 2024 Top Picks From MoneyShow's Gala Annual Report

Every year for the past few decades, MoneyShow has reached out to their most respected, time-tested analysts, strategists, and newsletter editors to get their favorite stock, ETF, and other investment...

Other symbols: NFETLT
3 months ago - Forbes

Top Picks for January 2024: Spotlight on Ancillary Cannabis Market Leaders

The U.S. cannabis industry and marijuana stocks are a rapidly evolving sector, forecasted for significant growth. Ancillary cannabis companies, supporting cultivation and production, are gaining inves...

Other symbols: GRWGHYFM
3 months ago - MarijuanaStocks

Top Ancillary Cannabis Stocks to Watch in 2024: Key Picks for Investors

Investing in ancillary cannabis stocks, a market growing alongside the US cannabis sector is becoming increasingly important as 2024 draws near. Recent statistics show impressive growth in this sector...

Other symbols: GRWGHYFM
4 months ago - MarijuanaStocks

3 Marijuana Stocks To Buy Mid-December

Investing in marijuana stocks has been a tough choice for some. This has been due to the inconsistent trading patterns in the sector. For example, when there is a bounce or recovery for marijuana stoc...

Other symbols: GRWGHYFM
4 months ago - MarijuanaStocks