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

Scotts Miracle-Gro (NYSE:SMG) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.150-4.35 for the period, compared to the consensus estimate of 4.280. The company issued revenue guidance of -.

Scotts Miracle-Gro Price Performance

Shares of SMG stock traded down $0.46 during mid-day trading on Wednesday, hitting $62.77. The stock had a trading volume of 2,621,743 shares, compared to its average volume of 859,230. The firm’s 50-day moving average is $58.45 and its two-hundred day moving average is $59.36. Scotts Miracle-Gro has a 12-month low of $45.61 and a 12-month high of $79.11. The firm has a market capitalization of $3.64 billion, a P/E ratio of 25.94 and a beta of 1.95.

Scotts Miracle-Gro (NYSE:SMG) last announced its earnings results on Wednesday, January 28th. The basic materials company reported ($0.77) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.97) by $0.20. The business had revenue of $354.40 million for the quarter, compared to analysts’ expectations of $353.25 million. Scotts Miracle-Gro had a negative return on equity of 67.74% and a net margin of 4.26%.The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.89) EPS. Scotts Miracle-Gro has set its FY 2026 guidance at 4.150-4.35 EPS. Analysts expect that Scotts Miracle-Gro will post 3.42 EPS for the current year.

Scotts Miracle-Gro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, February 20th will be paid a $0.66 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.64 dividend on an annualized basis and a yield of 4.2%. Scotts Miracle-Gro’s dividend payout ratio (DPR) is 109.09%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Scotts Miracle-Gro in a research note on Wednesday, January 21st. Stifel Nicolaus set a $70.00 price objective on shares of Scotts Miracle-Gro and gave the stock a “buy” rating in a research report on Thursday, November 6th. Wall Street Zen cut shares of Scotts Miracle-Gro from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Jefferies Financial Group lifted their price target on Scotts Miracle-Gro from $71.00 to $74.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Finally, UBS Group increased their price objective on shares of Scotts Miracle-Gro from $61.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Scotts Miracle-Gro presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.33.

Trending Headlines about Scotts Miracle-Gro

Here are the key news stories impacting Scotts Miracle-Gro this week:

• Positive Sentiment: Q1 results beat consensus: Q1 EPS loss was ($0.77) vs. consensus (~($0.97)) and revenue of $354.4M slightly topped estimates, showing modest operating resilience. Zacks Q1 Results
• Positive Sentiment: Management struck a deal to sell Hawthorne (cannabis-supply unit) to Vireo Growth — reduces exposure to a volatile segment and simplifies the business, which can improve investor focus and valuation multiples. WSJ: Hawthorne Sale
• Positive Sentiment: Company announced a new multi-year share repurchase program (to commence in late 2026) and reaffirmed capital-return focus — positive for per‑share metrics once executed. Press Release
• Positive Sentiment: Board declared a $0.66 quarterly dividend (4.2% yield), supporting income-oriented investors.
• Neutral Sentiment: Investor materials and the earnings call transcript/slides are available for detailed read-through of segment trends and guidance — useful for modeling but not market-moving by itself. Earnings Presentation
• Negative Sentiment: Top-line pressure persists: revenue fell ~3.3% year-over-year and the company remains loss-making for the quarter; return-on-equity is negative and net margin is slim, leaving operational concerns for skeptics. Q1 Press Release / Slide Deck
• Negative Sentiment: Shares are trading down on higher-than-normal volume as investors digest the trade‑sale timing/details and the long lead time for buybacks; near-term revenue impact from divestiture and lingering losses likely weigh on sentiment. Market Trading Snapshot

Institutional Trading of Scotts Miracle-Gro

Several hedge funds have recently modified their holdings of SMG. Caitong International Asset Management Co. Ltd purchased a new position in shares of Scotts Miracle-Gro during the third quarter worth about $32,000. CIBC Private Wealth Group LLC boosted its position in shares of Scotts Miracle-Gro by 104.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,448 shares of the basic materials company’s stock valued at $82,000 after purchasing an additional 739 shares during the period. Advisory Services Network LLC purchased a new position in Scotts Miracle-Gro during the 3rd quarter worth approximately $121,000. State of Wyoming acquired a new position in Scotts Miracle-Gro during the second quarter worth approximately $216,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Scotts Miracle-Gro in the second quarter valued at approximately $222,000. 74.07% of the stock is currently owned by institutional investors and hedge funds.

About Scotts Miracle-Gro

Scotts Miracle-Gro Company is a leading developer, manufacturer and distributor of consumer lawn and garden products. The firm serves both retail and professional customers through an array of branded offerings that include lawn fertilizers, grass seed, pest and disease control solutions, plant foods and specialty products for indoor and outdoor gardening. Its portfolio spans well-known names such as Scotts®, Miracle-Gro®, Ortho® and various hydroponic and specialty garden brands.

Headquartered in Marysville, Ohio, the company traces its roots to O.M.