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Scotts Miracle-Gro Company (SMG)
NYSE:SMG
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Scotts Miracle-Gro Company (SMG) Price & Analysis

1,692 Followers

SMG Stock Chart & Stats

$69.31
$0.57(0.82%)
At close: 4:00 PM EDT
$69.31
$0.57(0.82%)

Bulls Say, Bears Say

Bulls Say
Strong Free Cash FlowConsistent, improving FCF (TTM ~$380M) provides durable financial flexibility: funds deleveraging, capital allocation, share repurchases and capex for automation. Reliable cash conversion cushions seasonality and supports strategic investments over the next 2–6 months and beyond.
Material Gross Margin ExpansionSustained gross margin improvement (+280 bps in Q2) reflects favorable mix, branded gains and supply-chain actions. Management targets structural margin gains (long‑term ~40%), so margin recovery appears more than cyclical and can lift sustainable operating profitability and free cash flow.
Branded & E‑commerce Growth EngineDouble‑digit e‑commerce growth (+22% YTD) alongside branded takeaways (+8% YTD) shows structural channel and portfolio shifts. Under SMG 2.0 management is scaling e‑commerce as a long‑term revenue engine, supporting diversification of retail exposure and recurring consumer demand over multiple years.
Bears Say
Elevated Leverage & Negative EquityPersistently negative equity and high absolute debt (~$2.35B TTM) constrain balance‑sheet flexibility. Even with improving EBITDA, leverage raises refinancing and covenant risk, limits strategic optionality and increases interest sensitivity, making capital allocation choices higher stakes.
Top‑line VolatilityHistoric swings in revenue complicate forecasting, retail cadence and inventory planning. Durable margin and cash improvements depend on sustained top‑line consistency; recurring seasonality and prior sharp declines mean revenue recovery must persist to cement recent earnings gains.
Rising SG&A & E‑commerce Margin GapMarketing spend boosting branded growth increases SG&A and, coupled with a meaningful e‑commerce margin delta, can erode gross-to-net improvement if not managed. Closing the e‑commerce margin gap while funding growth requires sustained operational gains and time to deliver net margin expansion.

Scotts Miracle-Gro Company News

SMG FAQ

What was Scotts Miracle-Gro Company’s price range in the past 12 months?
Scotts Miracle-Gro Company lowest stock price was $52.00 and its highest was $75.34 in the past 12 months.
    What is Scotts Miracle-Gro Company’s market cap?
    Scotts Miracle-Gro Company’s market cap is $4.03B.
      When is Scotts Miracle-Gro Company’s upcoming earnings report date?
      Scotts Miracle-Gro Company’s upcoming earnings report date is Jul 29, 2026 which is in 2 days.
        How were Scotts Miracle-Gro Company’s earnings last quarter?
        Scotts Miracle-Gro Company released its earnings results on Apr 29, 2026. The company reported $4.53 earnings per share for the quarter, beating the consensus estimate of $4.015 by $0.515.
          Is Scotts Miracle-Gro Company overvalued?
          According to Wall Street analysts Scotts Miracle-Gro Company’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Scotts Miracle-Gro Company pay dividends?
            Scotts Miracle-Gro Company pays a Quarterly dividend of $0.66 which represents an annual dividend yield of 3.81%. See more information on Scotts Miracle-Gro Company dividends here
              What is Scotts Miracle-Gro Company’s EPS estimate?
              Scotts Miracle-Gro Company’s EPS estimate is 2.48.
                How many shares outstanding does Scotts Miracle-Gro Company have?
                Scotts Miracle-Gro Company has 58,181,940 shares outstanding.
                  What happened to Scotts Miracle-Gro Company’s price movement after its last earnings report?
                  Scotts Miracle-Gro Company reported an EPS of $4.53 in its last earnings report, beating expectations of $4.015. Following the earnings report the stock price went down -4.527%.
                    Which hedge fund is a major shareholder of Scotts Miracle-Gro Company?
                    Currently, no hedge funds are holding shares in SMG
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Scotts Miracle-Gro Company

                      The Scotts Miracle-Gro Company (SMG) stands as a leading producer and global distributor of products dedicated to lawn and garden upkeep, as well as specialized indoor and hydroponic cultivation. The company's operations are strategically divided into three core business units: U.S. Consumer, Hawthorne, and an 'Other' category. SMG's comprehensive product range for lawns includes essential items such as fertilizers, grass seeds, and application spreaders, alongside durable garden implements and outdoor cleaning agents. They also offer robust solutions for managing lawn weeds, pests, and diseases. For broader gardening and landscaping endeavors, their offerings encompass water-soluble and slow-release plant nutrients, a variety of potting mixes and garden soils, mulches, and decorative ground covers. Furthermore, the company provides organic garden products, targeted pest and disease controls for plants, live goods, and diverse seeding solutions. Beyond outdoor applications, Scotts Miracle-Gro supplies specialized items for indoor and hydroponic growing. This includes innovative systems for soilless plant, flower, and vegetable cultivation, as well as critical lighting systems and components tailored for indoor gardening environments. The company also develops household-focused insect, rodent, and general weed control products, featuring potent non-selective weed killers. These extensive product lines are marketed under a vast portfolio of widely recognized brand names, notably Scotts, Miracle-Gro, Ortho, Turf Builder, Roundup, and AeroGarden, among many others. Scotts Miracle-Gro distributes its merchandise through a broad and diverse network of retail and commercial channels. This encompasses major home improvement retailers, mass-market stores, warehouse clubs, both large and independent hardware outlets, nurseries, and specialized garden centers. Consumers can also find their products on e-commerce platforms and in food and drug stores. For the indoor gardening and hydroponics sector, the company collaborates with specialized distributors, retailers, and directly supplies growers. Founded in 1868, The Scotts Miracle-Gro Company maintains its corporate headquarters in Marysville, Ohio.

                      Scotts Miracle-Gro Company (SMG) Earnings & Revenues

                      SMG Company Deck

                      SMG Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed strong operational and financial progress: revenue growth, meaningful gross margin expansion (200+ bps YTD), robust e-commerce acceleration (+22% YTD), improved EBITDA and net income, deleveraging to 3.71x, and material free cash flow improvement (> $100M YTD). Management announced strategic initiatives (SMG 2.0), portfolio innovation (83 new SKUs / $41M revenue), a disciplined SKU rationalization plan, AI/automation investments, and a multi-year share repurchase program. Key risks are manageable but notable: commodity cost volatility from geopolitical events creating fiscal '27 uncertainty, higher SG&A from marketing investments, an e-commerce margin gap, and near-term planning/line-review timing. Overall, positives materially outweigh the challenges, which management frames as controllable or hedged.View all SMG earnings summaries

                      SMG Stock 12 Month Forecast

                      Average Price Target

                      $65.86
                      ▼(-4.98% Downside)
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8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 34, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":55.823,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 19, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":57.155,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 69, \t&nbsp;</span>\n 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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":60.331,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":61.033,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                      Ownership Overview

                      30.09%18.92%1.29%30.52%
                      30.09% Insiders
                      1.29% Other Institutional Investors
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