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Updated 1m ago
SMG logo

The Scotts Miracle-Gro CompanyNYSE:SMG Stock Report

Market Cap US$3.3b
Updated 1m ago
Share Price
n/a
1Y-7.0%
7D-5.0%
1D0.6%
Portfolio Value
​
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The Scotts Miracle-Gro Company

NYSE:SMG Stock Report

Market Cap: US$3.3b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Scotts Miracle-Gro (SMG) Stock Overview

Engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. More details

SMG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health1/6
Dividends5/6

Rewards

Trading at 37.2% below our estimate of its fair value

Earnings are forecast to grow 17.25% per year

Earnings grew by 137.8% over the past year

Analysts in good agreement that stock price will rise by 36.7%

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 4.68% is not well covered by earnings

Large one-off items impacting financial results


SMG Community Fair Values

Create Narrative

See what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
25.2% undervalued intrinsic discount
AnalystConsensusTarget
•5mo ago

Digital Transformation And Organic Trends Will Fuel Future Expansion

239
0
12
AN
AnalystHighTarget
29.4% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Branded Shift And Organics Expansion Will Redefine Long Term Potential

32
0
0

Top Community Narratives

SMG logo
Scotts Miracle-Gro
29.8% overvalued intrinsic discount

Scotts Miracle-Gro (SMG): When Cultivation Know-How Becomes a Competitive Edge

View narrative
YI
yiannisz
Updated 31 Jan
Read Narrative

Top Community Narratives

SMG logo
Scotts Miracle-Gro
29.8% overvalued intrinsic discount

Scotts Miracle-Gro (SMG): When Cultivation Know-How Becomes a Competitive Edge

View narrative
YI
yiannisz
Updated 31 Jan
Read Narrative

Top Analyst Narratives

AN
AnalystConsensusTarget
25.2% undervalued intrinsic discount
AnalystConsensusTarget
•5mo ago

Digital Transformation And Organic Trends Will Fuel Future Expansion

239
0
12
AN
AnalystHighTarget
29.4% undervalued intrinsic discount
AnalystHighTarget
•2mo ago

Branded Shift And Organics Expansion Will Redefine Long Term Potential

32
0
0
View all narratives

The Scotts Miracle-Gro Company Competitors

ICL Group

Symbol: NYSE:ICL
Market cap: US$7.4b

CVR Partners

Symbol: NYSE:UAN
Market cap: US$1.4b

Intrepid Potash

Symbol: NYSE:IPI
Market cap: US$532.5m

CF Industries Holdings

Symbol: NYSE:CF
Market cap: US$20.1b

Price History & Performance

Summary of share price highs, lows and changes for Scotts Miracle-Gro
Historical stock prices
Current Share PriceUS$56.47
52 Week HighUS$75.34
52 Week LowUS$52.00
Beta1.81
1 Month Change-7.34%
3 Month Change-10.61%
1 Year Change-7.05%
3 Year Change2.58%
5 Year Change-60.32%
Change since IPO407.60%

Recent News & Updates

Recent updates

Seeking Alpha • Jun 29

Scotts Miracle-Gro Is Fairly Positioned Amid CEO Change (Downgrade)

Summary Scotts Miracle-Gro has stabilized its core business and improved balance sheet metrics, but shares now appear fairly valued. The recent CEO transition to Nate Baxter is well-telegraphed, with no operational disruption expected and full-year guidance reaffirmed. Q2 results showed strong margin expansion, EBITDA growth, and robust consumer volumes, supported by digital and inventory initiatives. I downgrade SMG to 'Hold' due to limited upside; I would consider buying below $62 or selling above $75. Read the full article on Seeking Alpha
User avatar
Narrative Update • Jun 26

SMG: FY26 Margin Plan And Credit Upgrade Will Drive Future Upside

The analyst fair value estimate for Scotts Miracle-Gro has been reduced from $89.93 to $80.00, reflecting updated assumptions for slower organic sales growth, more modest margin expansion, and slightly lower future P/E expectations based on recent Street research commentary. Analyst Commentary Recent Street research on Scotts Miracle-Gro reflects a mixed backdrop, but there are several points that bullish analysts continue to highlight.
Analysis Article • May 14

Scotts Miracle-Gro's (NYSE:SMG) Performance Is Even Better Than Its Earnings Suggest

Investors were underwhelmed by the solid earnings posted by The Scotts Miracle-Gro Company ( NYSE:SMG ) recently. We...
User avatar
Narrative Update • Mar 19

SMG: Reaffirmed Outlook And Buybacks Will Support Underappreciated Growth Profile

Narrative Update Analysts have lifted their average price target on Scotts Miracle-Gro by about $5 to the mid $70s, citing refreshed sector targets, recent meetings, and a view that the company’s growth profile remains underappreciated. Analyst Commentary Recent research updates show a cluster of higher price targets for Scotts Miracle-Gro, with bullish analysts recalibrating their models following fiscal Q1 earnings and upcoming investor meetings.
User avatar
Narrative Update • Mar 05

SMG: Reaffirmed Outlook And Buybacks Will Support Underappreciated Earnings Certainty

Narrative Update The analyst price target for Scotts Miracle-Gro has increased by $4 to $75.50. This change reflects analysts' updated models, which incorporate revised sector targets and what they identify as an underappreciated growth profile following recent research meetings and commentary.
User avatar
Narrative Update • Feb 15

SMG: Updated Margins And Capital Returns Will Support Measured Future Upside

Analysts have increased their price target on Scotts Miracle-Gro by $1, reflecting recent research that incorporates updated assumptions for the discount rate, margin profile, and forward P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target as aligned with updated discount rate assumptions, suggesting that, under their models, the risk profile now supports a slightly higher equity value.
User avatar
Narrative Update • Feb 01

SMG: Margin Expansion And Debt Reduction Will Support Future Share Outperformance

Narrative Update on Scotts Miracle-Gro The analyst price target for Scotts Miracle-Gro has been adjusted slightly higher to US$74. Analysts point to expectations for a balance between volume and pricing, gross margin expansion, debt reduction, and a potential return to buybacks as key supports for their updated view.
Analysis Article • Jan 20

Shareholders May Be More Conservative With The Scotts Miracle-Gro Company's (NYSE:SMG) CEO Compensation For Now

Key Insights Scotts Miracle-Gro's Annual General Meeting to take place on 26th of January Total pay for CEO Jim...
User avatar
Narrative Update • Jan 12

SMG: Debt Reduction And Margin Expansion Will Support Bullish Outlook

Analysts have raised their price target on Scotts Miracle-Gro to $74, up from $71, citing expectations for a healthier balance between volume and pricing, strong gross margin expansion, debt reduction, and the potential return of share buybacks into 2026. Analyst Commentary Bullish Takeaways Bullish analysts view the higher US$74 price target as reflecting confidence that a mix of volume and pricing can support the current valuation over the next year.
Analysis Article • Nov 12

Why Scotts Miracle-Gro's (NYSE:SMG) Earnings Are Better Than They Seem

Shareholders appeared to be happy with The Scotts Miracle-Gro Company's ( NYSE:SMG ) solid earnings report last week...
User avatar
Narrative Update • Sep 27

Digital Transformation And Organic Trends Will Fuel Future Expansion

The consensus price target for Scotts Miracle-Gro has declined to $73.71, primarily due to ongoing uncertainty and margin pressure from the delayed Hawthorne segment separation, outweighing improved EPS/revenue tracking and management's stable outlook. Analyst Commentary Bullish analysts cite management's reiterated guidance and a "fairly normal" outlook for the 2025 lawn and garden season, despite prior quarterly misses.
Analysis Article • Sep 15

Slowing Rates Of Return At Scotts Miracle-Gro (NYSE:SMG) Leave Little Room For Excitement

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article • Aug 22

Should You Investigate The Scotts Miracle-Gro Company (NYSE:SMG) At US$61.24?

While The Scotts Miracle-Gro Company ( NYSE:SMG ) might not have the largest market cap around , it saw significant...
Analysis Article • Jul 06

A Look At The Fair Value Of The Scotts Miracle-Gro Company (NYSE:SMG)

Key Insights The projected fair value for Scotts Miracle-Gro is US$72.51 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article • Jun 14

The Scotts Miracle-Gro Company's (NYSE:SMG) Business Is Trailing The Industry But Its Shares Aren't

There wouldn't be many who think The Scotts Miracle-Gro Company's ( NYSE:SMG ) price-to-sales (or "P/S") ratio of 1x is...
Analysis Article • May 24

Slowing Rates Of Return At Scotts Miracle-Gro (NYSE:SMG) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
User avatar
New Narrative • May 04

Multi-Bag Strategy And New Products Will Drive Efficiency

Transitioning to a multi-bag strategy and new product introductions are expected to drive revenue and improve gross margins in the consumer segment.
Analysis Article • Apr 25

Scotts Miracle-Gro (NYSE:SMG) Has Affirmed Its Dividend Of $0.66

The Scotts Miracle-Gro Company's ( NYSE:SMG ) investors are due to receive a payment of $0.66 per share on 6th of June...
Analysis Article • Mar 30

At US$54.76, Is It Time To Put The Scotts Miracle-Gro Company (NYSE:SMG) On Your Watch List?

The Scotts Miracle-Gro Company ( NYSE:SMG ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article • Feb 22

Subdued Growth No Barrier To The Scotts Miracle-Gro Company's (NYSE:SMG) Price

There wouldn't be many who think The Scotts Miracle-Gro Company's ( NYSE:SMG ) price-to-sales (or "P/S") ratio of 1x is...
Seeking Alpha • Feb 02

Scotts Miracle-Gro: Stabilizing Revenue And Margin Expansion Drive Optimism

Summary Scotts Miracle-Gro shows stabilizing revenue, robust margin expansion, and strategic initiatives for long-term growth, making it an appealing investment opportunity. Management focuses on debt reduction, cost savings, and expanding demographic reach, particularly within the Hispanic market, positioning SMG for sustainable growth. The planned spin-off of Hawthorne Gardening simplifies the business, enhancing valuation clarity and focusing on core lawn and garden segments. Read the full article on Seeking Alpha
Analysis Article • Feb 01

Scotts Miracle-Gro's (NYSE:SMG) Dividend Will Be $0.66

The Scotts Miracle-Gro Company ( NYSE:SMG ) has announced that it will pay a dividend of $0.66 per share on the 7th of...
Analysis Article • Jan 15

Calculating The Fair Value Of The Scotts Miracle-Gro Company (NYSE:SMG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Scotts Miracle-Gro fair value estimate is US$74.47 With...
Analysis Article • Dec 28

When Should You Buy The Scotts Miracle-Gro Company (NYSE:SMG)?

While The Scotts Miracle-Gro Company ( NYSE:SMG ) might not have the largest market cap around , it received a lot of...

Shareholder Returns

SMGUS ChemicalsUS Market
7D-5.0%-3.0%-1.0%
1Y-7.0%1.6%14.1%

Return vs Industry: SMG underperformed the US Chemicals industry which returned 1.6% over the past year.

Return vs Market: SMG underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is SMG's price volatile compared to industry and market?
SMG volatility
SMG Average Weekly Movement5.9%
Chemicals Industry Average Movement5.6%
Market Average Movement6.9%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: SMG has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SMG's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18685,200Nate Baxterscottsmiraclegro.com

The Scotts Miracle-Gro Company, together with its subsidiaries, engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company provides lawn care products, comprising lawn fertilizers, clover and 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. It also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components; insect, rodent, and weed control products for home areas; and non-selective weed killer products.

The Scotts Miracle-Gro Company Fundamentals Summary

How do Scotts Miracle-Gro's earnings and revenue compare to its market cap?
SMG fundamental statistics
Market capUS$3.29b
Earnings (TTM)US$154.90m
Revenue (TTM)US$3.48b
21.2x
P/E Ratio
0.9x
P/S Ratio

Is SMG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMG income statement (TTM)
RevenueUS$3.48b
Cost of RevenueUS$2.36b
Gross ProfitUS$1.12b
Other ExpensesUS$965.30m
EarningsUS$154.90m

Last Reported Earnings

Jun 27, 2026

Next Earnings Date

Nov 04, 2026

Earnings per share (EPS)2.66
Gross Margin32.16%
Net Profit Margin4.45%
Debt/Equity Ratio-1,006.3%

How did SMG perform over the long term?

See historical performance and comparison

Dividends

4.7%
Current Dividend Yield
99%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 02:09
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/27
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Scotts Miracle-Gro Company is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander MarocciaBerenberg
Constance ManeatyBMO Capital Markets Equity Research
Christopher CareyBofA Global Research

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