SMG - The Scotts Miracle-Gro Company

NYSE - Nasdaq Real Time Price. Currency in USD
118.88
-1.79 (-1.48%)
As of 11:10AM EST. Market open.
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Previous Close120.66
Open119.24
Bid118.88 x 900
Ask118.98 x 900
Day's Range117.94 - 119.29
52 Week Range75.91 - 125.27
Volume85,001
Avg. Volume361,243
Market Cap6.609B
Beta (5Y Monthly)0.80
PE Ratio (TTM)14.30
EPS (TTM)8.31
Earnings DateMay 05, 2020
Forward Dividend & Yield2.32 (1.91%)
Ex-Dividend DateFeb 23, 2020
1y Target Est125.75
  • MoneyShow

    Scott's Miracle-Gro- Lawn Care and Cannabis

    Scott's Miracle-Gro (SMG) isn't an unknown entity; it's been around since 1868, and most of us have bought its potting soil, plant boosters and insecticides, or used the company's services to attend to our lawn needs., notes Mike Cintolo, growth stock expert and editor of Cabot Top Ten Trader.

  • GlobeNewswire

    The Scotts Miracle-Gro Company Announces Extension of Exchange Offer for 4.500% Senior Notes due 2029

    The Scotts Miracle-Gro Company (SMG) today announced that it has extended its registered exchange offer to exchange any and all of its $450,000,000 aggregate principal amount of 4.500% Senior Notes due 2029, which were issued in a private placement on October 22, 2019, for an equal principal amount of its 4.500% Senior Notes due 2029, which have been registered under the Securities Act of 1933, as amended. The exchange offer, which had been scheduled to expire at 11:59 p.m., New York City time, on February 17, 2020, will now expire at 11:59 p.m., New York City time, on February 24, 2020, unless further extended by the Company. All other terms, provisions and conditions of the exchange offer will remain in full force and effect.

  • Judge rules for lawncare giant Miracle-Gro over JoCo marijuana promoter
    American City Business Journals

    Judge rules for lawncare giant Miracle-Gro over JoCo marijuana promoter

    A federal judge has ruled against a marijuana-focused Johnston County company, prohibiting it from using the “Miracle-Gro” brand.

  • A Closer Look At The Scotts Miracle-Gro Company's (NYSE:SMG) Impressive ROE
    Simply Wall St.

    A Closer Look At The Scotts Miracle-Gro Company's (NYSE:SMG) Impressive ROE

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Scotts Miracle-Gro Approves Share Repurchase Worth $750M
    Zacks

    Scotts Miracle-Gro Approves Share Repurchase Worth $750M

    Scotts Miracle-Gro's (SMG) new $750-million buyback approval reflects its efforts to enhance shareholders' value.

  • 15 Mid-Cap Stocks to Buy for Mighty Returns
    Kiplinger

    15 Mid-Cap Stocks to Buy for Mighty Returns

    Mid-cap stocks aren't exactly spotlight hogs.Many investors buy into large companies because they tends to be more stable, plus information and media coverage are more readily available. Investors also know to buy small-cap stocks if they want to make aggressive growth investments to boost their long-term returns. But mid-caps - typically, stocks between $2 billion and $10 billion in market value - tend to get lost in the mix.That's unfortunate, because over the long haul, they tend to outperform their larger and smaller brethren.Between 2015 and 2019, the S&P; 500 outperformed both the S&P; MidCap 400 and the S&P; SmallCap 600 on a total-return basis (price plus dividends). In the 10 years from 2010 and 2019, small caps flipped the script, outperforming the large- and mid-cap indices. But across the entire span, from 2005 to 2019, the MidCap 400 delivered a total return of 293% - 14 percentage points higher than the SmallCap 600, and 33 percentage points better than the S&P; 500\. Experts point out that outperformance looks even better once you adjust for risk."Large-cap stocks offer the stability that comes with mature multinational businesses with diverse revenue sources," Matthew Bartolini, head of SPDR Americas Research, writes in a 2019 note to clients. "Small-cap stocks are unproven, but they offer potential for further expansion and market penetration. And midcaps offer a unique combination of the managerial maturity associated with large caps and the operational dexterity of small caps."With this in mind, here are 15 of the best mid-cap stocks to buy to give you upside growth potential in stronger economies, along with some downside protection when the market environment looks weaker. SEE ALSO: The 20 Best Stocks to Buy for 2020

  • GlobeNewswire

    ScottsMiracle-Gro Announces $750 Million Share Repurchase Authorization

    The Scotts Miracle-Gro Company (SMG), one of the world’s leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, announced its Board of Directors has authorized a new program to repurchase up to $750 million of the Company’s shares over the next three years.

  • Will Scotts Miracle-Gro Continue to Surge Higher?
    Zacks

    Will Scotts Miracle-Gro Continue to Surge Higher?

    As of late, it has definitely been a great time to be an investor in The Scotts Miracle-Gro.

  • GlobeNewswire

    ScottsMiracle-Gro to Present at Raymond James & Associates’ 41st Annual Institutional Investors Conference

    The Scotts Miracle-Gro Company (SMG), one of the world’s leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, will present at Raymond James & Associates’ 41st Annual Institutional Investors Conference on Monday, March 2nd, 2020 in Orlando, Florida. Chief Financial Officer Randy Coleman will discuss current business strategies at 2:50 p.m. eastern time. With approximately $3.2 billion in sales, the Company is one of the world's largest marketers of branded consumer products for lawn and garden care.

  • Top Marijuana Stocks That Pay Dividends
    Investopedia

    Top Marijuana Stocks That Pay Dividends

    When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of Canadian companies which have enjoyed the opportunity to list on U.S. exchanges.

  • Thomson Reuters StreetEvents

    Edited Transcript of SMG earnings conference call or presentation 29-Jan-20 2:00pm GMT

    Q1 2020 Scotts Miracle-Gro Co Earnings Call

  • Scotts Miracle-Gro (SMG) Q1 Earnings & Sales Beat Estimates
    Zacks

    Scotts Miracle-Gro (SMG) Q1 Earnings & Sales Beat Estimates

    Scotts Miracle-Gro's (SMG) Hawthorne segment gains from strong demand in almost all categories of indoor growing equipment and supplies in Q1.

  • MarketWatch

    Scotts Miracle-Gro shares rally more than 6% after earnings boosted by cannabis states

    The Scotts Miracle-Gro Co. shares rose more than 6% Wednesday, after the provider of lawn and garden and indoor growing products topped estimates for the fourth quarter. The company said it had a net loss of $71.4 million, or $1.28 a share, in the quarter, narrower than the $79.6 million loss, or $1.44 a share, posted in the year-earlier period. The company typically posts a loss in the first quarter, given the seasonal nature of the garden category. Excluding special items, the loss came to $1.12, better than the $1.27 loss consensus of FactSet analysts. Sales rose 23% to $365.8 million from $298.1 million, topping the $342 million FactSet consensus. The company's Hawthorne business, which makes hydroponic equipment and indoor growing products, generated double-digit growth in California and Colorado, two the the biggest cannabis markets in the U.S. Emerging cannabis states Michigan and Florida also showed strong growth, said Chief Executive Jim Hagedorn. "As we look to the balance of the year, we remain confident in our fiscal 2020 guidance of company-wide sales growth of 4 to 6%, adjusted earnings in a range of $4.95 to $5.15 per share and free cash flow of approximately $300 million." Shares have gained 66% in the last 12 months, while the S&P 500 has gained 24%.

  • Scotts Miracle-Gro (SMG) Reports Q1 Loss, Tops Revenue Estimates
    Zacks

    Scotts Miracle-Gro (SMG) Reports Q1 Loss, Tops Revenue Estimates

    Scotts (SMG) delivered earnings and revenue surprises of 9.68% and 5.20%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    ScottsMiracle-Gro Announces Strong First Quarter Results Driven by 23% Increase in Company-wide Sales

    Hawthorne segment sales increase 41%; U.S. Consumer segment sales increase 8%GAAP loss of $1.28 per share compared with $1.49 per shareNon-GAAP adjusted loss of $1.12 per share.

  • GlobeNewswire

    The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment

    The Scotts Miracle-Gro Company (SMG), one of the world’s leading marketers of branded consumer lawn and garden products, announced that its Board of Directors has approved the payment of a cash dividend of $0.58 per share. With approximately $3.2 billion in sales, the Company is one of the world’s largest marketers of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry.

  • 6 Stocks With Low Price-Earnings Ratios
    GuruFocus.com

    6 Stocks With Low Price-Earnings Ratios

    First American Financial tops the list Continue reading...

  • Will Scotts Miracle-Gro (SMG) Report Negative Earnings Next Week? What You Should Know
    Zacks

    Will Scotts Miracle-Gro (SMG) Report Negative Earnings Next Week? What You Should Know

    Scotts (SMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Scotts Miracle-Gro Up 10% in 3 Months: What's Driving it?
    Zacks

    Scotts Miracle-Gro Up 10% in 3 Months: What's Driving it?

    Upbeat fiscal 2020 view as well as healthy growth prospects of the Hawthorne business are driving Scotts Miracle-Gro's (SMG) shares.

  • Do You Like The Scotts Miracle-Gro Company (NYSE:SMG) At This P/E Ratio?
    Simply Wall St.

    Do You Like The Scotts Miracle-Gro Company (NYSE:SMG) At This P/E Ratio?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...

  • GlobeNewswire

    ScottsMiracle-Gro Announces Timing of First Quarter 2020 Financial Results and Conference Call

    The Scotts Miracle-Gro Company (NYSE SMG), one of the world’s largest marketers of branded consumer lawn and garden products, will release its first quarter financial results on Wednesday, January 29, 2019, prior to the opening of the U.S. financial markets. The Company will host a conference call to discuss those results at 9:00 a.m. ET. A live webcast of the call and the press release will be available on Company’s investor relations website at http://investor.scotts.com.

  • Scotts Miracle-Gro Begins Exchange of Senior Notes Due 2029
    Zacks

    Scotts Miracle-Gro Begins Exchange of Senior Notes Due 2029

    The exchange does not mark a new financing transaction and Scotts Miracle-Gro (SMG) will not receive any additional proceeds from the exchange offer.

  • GlobeNewswire

    The Scotts Miracle-Gro Company Announces Commencement of Exchange Offer for 4.500% Senior Notes due 2029

    The Scotts Miracle-Gro Company (SMG) today announced that it has commenced a registered exchange offer to exchange any and all of its $450,000,000 aggregate principal amount of 4.500% Senior Notes due 2029 which were issued in a private placement on October 22, 2019 (the “Original Notes”) for an equal principal amount of its 4.500% Senior Notes due 2029 which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”). The exchange offer is being made to satisfy the Company’s obligations under a registration rights agreement entered into on October 22, 2019 in connection with the issuance of the Original Notes, and does not represent a new financing transaction. The Company will not receive any further proceeds from the exchange offer.

  • Scotts Miracle-Gro (SMG) Shares Up 56% in A Year: Here's Why
    Zacks

    Scotts Miracle-Gro (SMG) Shares Up 56% in A Year: Here's Why

    Bright prospects of the Hawthorne business as well as upbeat fiscal 2020 view are contributing to Scotts Miracle-Gro's (SMG) shares.