Scotts Miracle-Gro (SMG) Earnings Date and Reports 2024 (2024)

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What is the price prediction for Scotts Miracle-Gro? ›

SMG Stock 12 Month Forecast

Based on 4 Wall Street analysts offering 12 month price targets for Scotts Miracle-Gro Company in the last 3 months. The average price target is $66.00 with a high forecast of $70.00 and a low forecast of $63.00.

Scotts Miracle Gro Total Long Term Debt (Quarterly): 3.024B for Dec. 31, 2023.

According to our SMG split history records, Scotts Miracle-Gro has had 1 split.

With revenues expected to grow by a double-digit 12% over the next couple of years, the outlook is positive for Scotts Miracle-Gro. If the level of expenses is able to be maintained, it looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

With more than $2 billion in worldwide sales and more than 6,000 associates, The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company, LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well.

The Scotts Miracle-Gro's competitors and similar companies include Premier Tech, Einhell Germany, Modern Pacific Corporation and Dunelm Group. The Scotts Miracle-Gro Company provides do-it-yourself lawn, garden, and home protection products.

Scotts Miracle-Gro has been struggling lately as its revenue has declined faster than most other companies. Perhaps the market is expecting future revenue performance to begin matching the rest of the industry, which has kept the P/S from declining.

According to ScottsMiracle-Gro's latest financial reports the company's current revenue (TTM) is $3.43 B. In 2022 the company made a revenue of $3.88 B a decrease over the years 2021 revenue that were of $4.74 B.

The majority of Miracle-Gro's product line is filled with chemicals and synthetics. Miracle-Gro is also owned by Scotts, which is a HUGE supporter of Monsanto.

Dividend Data

The Scotts Miracle-Gro Company's ( SMG ) dividend yield is 3.9%, which means that for every $100 invested in the company's stock, investors would receive $3.90 in dividends per year.

Is Scotts and Miracle-Gro the same? ›

In 1992, Scotts became a publicly traded company with an initial offering of $19.00 a share and three years later merged with Miracle-Gro, a gardening company, to create the Scotts Miracle-Gro Company.

Procter & Gamble stock (symbol: PG) underwent a total of 6 stock splits.

Stock Price Forecast

The 5 analysts with 12-month price forecasts for SMG stock have an average target of 74, with a low estimate of 60 and a high estimate of 85. The average target predicts an increase of 9.23% from the current stock price of 67.75.

ACRE Stock 12 Month Forecast

Based on 6 Wall Street analysts offering 12 month price targets for Ares Commercial in the last 3 months. The average price target is $7.40 with a high forecast of $8.00 and a low forecast of $7.00. The average price target represents a 11.11% change from the last price of $6.66.

Plant food like Miracle-Gro® Water Soluble All Purpose Plant Food should not expire if stored properly and kept in a dry and cool space where the particles won't get wet.

Copper sulfate is also a bactericide, and as such, is incredibly harmful to soil life. Anything with the Miracle-Gro label should be avoided entirely: Bagged potting soil and garden soil, 'Shake n Feed,' the blue crystals, and yes, even so-called “Organic” Miracle-Gro products should be entirely avoided.

Mergers and acquisitions

1995 – Scotts merged with Miracle-Gro Products, Inc. 1997 – Scotts purchases Miracle Care Garden Ltd. 1997 – Scotts acquired Emerald Green Lawn Service, which would become Scotts Lawn Service in 1998.