SMG - The Scotts Miracle-Gro Company

NYSE - NYSE Delayed Price. Currency in USD
83.01
+0.30 (+0.36%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close82.71
Open82.67
Bid83.01 x 800
Ask83.99 x 800
Day's Range82.20 - 83.84
52 Week Range57.96 - 91.81
Volume238,369
Avg. Volume476,762
Market Cap4.595B
Beta (3Y Monthly)1.24
PE Ratio (TTM)883.09
EPS (TTM)0.09
Earnings DateMay 1, 2019
Forward Dividend & Yield2.20 (2.80%)
Ex-Dividend Date2019-02-21
1y Target Est87.33
Trade prices are not sourced from all markets
  • Top Marijuana Stocks That Pay Dividends
    Investopedia3 days ago

    Top Marijuana Stocks That Pay Dividends

    When most people think of marijuana stocks, the last thing they think of is dividends. 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. The company remains one of the most popular marijuana pharmaceuticals developers.

  • How Does Investing In The Scotts Miracle-Gro Company (NYSE:SMG) Impact The Volatility Of Your Portfolio?
    Simply Wall St.5 days ago

    How Does Investing In The Scotts Miracle-Gro Company (NYSE:SMG) Impact The Volatility Of Your Portfolio?

    If you own shares in The Scotts Miracle-Gro Company (NYSE:SMG) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Volatility is considered to...

  • Better Marijuana Stock: Scotts Miracle-Gro vs. Auxly Cannabis
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    Better Marijuana Stock: Scotts Miracle-Gro vs. Auxly Cannabis

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  • GlobeNewswire7 days ago

    ScottsMiracle-Gro Announces Timing of Second Quarter 2019 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 second quarter financial results on Wednesday, May 1, 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.  An archive of the press release and any accompanying information will remain available for at least a 12-month period.

  • ACCESSWIRE8 days ago

    Cannabis Stocks to Watch

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  • Markit10 days ago

    See what the IHS Markit Score report has to say about Scotts Miracle-Gro Co.

    Scotts Miracle-Gro Co NYSE:SMGView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is moderate for SMG with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SMG are favorable with net inflows of $71.75 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • 3 Marijuana Stocks With Budding Trade Opportunities
    InvestorPlace11 days ago

    3 Marijuana Stocks With Budding Trade Opportunities

    If you're asking the question, "what is Wall Street smoking these days?", you're not alone. But if it's green you're after, look no further than the price charts of this trio of marijuana stocks. Let me explain.With a gravity-defying broader market now approaching all-time-highs off late December's almost ubiquitous corrective bottom, it's enough to give pause to even the most ardent and die-hard bullish investors. Then there are marijuana stocks.The budding field of marijuana and cannabis are of course poised for huge secular growth. Surging demand for both medicinal and recreational products amid increased legalization -- plus in-tow social acceptance and more cleaver and easy ways to enjoy those substances that would leave Cheech and Chong and Jeff Spicoli scratching their heads-- are a big business opportunity to say the least.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Data Center Buys That Deliver Sizable Income Still, as with any new trend which has caught a nice buzz from Wall Street's sell-side promoting dreamy and easy-going path to profits, the reality is there will be very volatile winners and losers in cannabis stocks. Bearing that in mind, let's separate the chaff from the wheat or in this case, the bull from the bear and explore three marijuana stocks. Buy 1: ACB Stock Click to EnlargeMy first of two marijuana stock buys are shares of Aurora Cannabis (NYSE:ACB). ACB stock is on InvestorPlace's Josh Enomoto's short list of cannabis buy recommendations due to the company's smart-looking acquisition strategy that's helping leverage its position within the medicinal side of the business.On the price chart I'm inclined to digress with Josh regarding an inevitable correction in ACB stock after rallying about 70% on the year. Unlike a marijuana stock like Cronos (NASDAQ:CRON) or Canopy Growth (NYSE:CGC) which have seen big gains in 2019; ACB stock's big picture shows a name that's done a good deal more work consolidating its gains in a very large base.As we can see on the weekly view of Aurora Cannabis, shares are actually trading below where they were kicking off 2018. That's interesting, but not necessarily bullish. What's making the case for seeing higher prices in ACB stock are back-to-back corrections which have formed a slightly-irregular "W" or high-level double-bottom pattern.With this marijuana stock now consolidating quietly in a small three-week long handle pattern wedged in-between the 50% and 62% retracement levels, it's time to consider going long ACB stock.My recommendation is to buy shares above $9.48 as ACB stock takes out the high of the formation's weekly doji from two weeks ago.I expect an upside resolution out of the handle will lead to a quick challenge of last fall's all-time-high of $12.53. But to avoid any potential, "what was I smoking" situations, using a stop loss beneath the doji low makes good sense from both a money management and technical perspective. Stock to Buy 2: SMG Stock Click to EnlargeScotts Miracle-Gro (NYSE:SMG) is an old-school, household name best known for its lawn and gardening products. But in today's budding grass market, Scotts is also the industry's largest hydroponics supplier and my second buy recommendation.Scotts was actually given the green thumbs-up of approval by this strategist about three weeks ago. The cannabis stock's pick-and-shovels position for capitalizing on industry growth, fundamentals that don't require smoking any product to appreciate their value, as well as a nicely-positioned SMG stock chart were 'nearly too much to resist.'Fortunately, an above-the-market entry never triggered immediately in front of a fairly significant single session smoking of nearly 6% with no news to account for the bullish buzz-killer. But shares of this cannabis stock did recover nicely off 38% support established over 2018's large correction.Now with SMG stock challenging the 50% line once more, I'm seeing this glass as only half full on the price chart. The technical outlook is Scotts Miracle-Gro shares are in position to break out to new highs for 2019 and eventually challenge the all-time-highs set in January 2018. * The Price of Spotify Stock Doesn't Reflect SPOT's Risks The recommendation for going long this marijuana name is to be ready to purchase shares once again above $83.23. I'd suggest an initial blended stop-loss below $79.75 to keep exposure minimized off and on the price chart. Stock to Sell: CGC Stock Click to EnlargeI'm reminded of the saying, "Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, shame on both of us" when looking at the price chart of CGC. And there's good reason for looking at this marijuana stock a bit differently than in days past.In January shares of the Canadian-based marijuana outfit failed to break out successfully from a handle consolidation. Then to make matters worse, CGC stock tried to rally out of larger triangle pattern only to fail yet again. Both occasions got the better of my enthusiasm for this marijuana stock.Should I have seen it coming? Maybe. More importantly, it's time to respect this marijuana stock's bearish offenses have occurred despite enviable supports like a strategic partnership with beverage giant Constellation Brands (NYSE:STZ) and the type of growth that should make bulls salivate.As mentioned, the marijuana industry is going to have losers and winners. And with one-time market cap leader Tilray (NASDAQ:TLRY) already looking like a technical casualty, that reality is a wake-up call. It's suggesting CGC, notwithstanding its good looks off the chart, could be another high-profile victim.My recommendation is short this marijuana stock below $42 as shares are breaking beneath flag support. I'd give this position some room with an initial stop-loss above $46.50. That represents a recovery back above the 62% level and through the apex of the triangle.On the downside, given the failures CGC stock could be on its way towards forming a large double-bottom base that could challenge the December low near $25. And if history does repeat or simply rhymes, last fall's triangle is a reminder of what a tasty edible for bears can look like.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post 3 Marijuana Stocks With Budding Trade Opportunities appeared first on InvestorPlace.

  • 3 Top Marijuana Stocks to Watch in April
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    3 Top Marijuana Stocks to Watch in April

    Two Canadian marijuana stocks and one U.S. stock make the list of the top companies to watch this month.

  • ACCESSWIRE17 days ago

    New Report Pegs CBD Beverage Market at $4.4B by 2025

    HENDERSON, NV / ACCESSWIRE / April 2, 2019 / According to a new report from Zion Market Research, the global cannabis beverages market was at approximately USD 1.6 billion in 2018 and is expected to generate ...

  • Better Marijuana Stock: Canopy Growth vs. Scotts Miracle-Gro
    Motley Fool18 days ago

    Better Marijuana Stock: Canopy Growth vs. Scotts Miracle-Gro

    Both are tapped into a growing market for cannabis, but which stock is the better pick right now?

  • MoneyShow22 days ago

    Scotts Miracle-Gro- Yard Care to Cannabis

    While not a pure play, Scotts Miracle-Gro (SMG) is a cannabis investment that has a ton of potential in the long run, explains growth stock expert Brit Ryle, editor of The Wealth Advisory.

  • Benzinga23 days ago

    Raymond James Downgrades Scotts Miracle Gro On Valuation

    The bullish case for consumer lawn and garden products company Scotts Miracle-Gro Co (NYSE: SMG ) can no longer be justified after a 30-percent move higher since late December, according to Raymond James. ...

  • Have Insiders Been Selling The Scotts Miracle-Gro Company (NYSE:SMG) Shares?
    Simply Wall St.23 days ago

    Have Insiders Been Selling The Scotts Miracle-Gro Company (NYSE:SMG) Shares?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty...

  • Scotts Miracle-Gro (SMG) Divests 30% Ownership in TruGreen
    Zacks25 days ago

    Scotts Miracle-Gro (SMG) Divests 30% Ownership in TruGreen

    Scotts Miracle-Gro (SMG) will use proceeds from the divestiture to reduce debt.

  • ACCESSWIRE25 days ago

    Ancillary Cannabis Plays to Watch- THC Therapeutics, Inc. (THCT)

    HENDERSON, NV / ACCESSWIRE / March 25, 2019 / While we all know about cannabis producers and CBD developers, ancillary cannabis plays are sometimes overlooked. That's too bad, because ancillary plays have ...

  • GlobeNewswire29 days ago

    Scotts® Extends Partnership With Major League Baseball

    The Scotts Company LLC (Scotts) and Major League Baseball (MLB) announced today that the Ohio-based company will remain the Official Lawn Care Company of Major League Baseball in a multi-year agreement. The renewal builds on the partnership that originally began in 2010, taking Scotts and MLB into a 10th season together.

  • GlobeNewswirelast month

    ScottsMiracle-Gro Sells 30% Ownership Stake in TruGreen; Proceeds Focused on Reducing Debt

    The Scotts Miracle-Gro Company (SMG), the world’s leading marketer of branded consumer lawn and garden as well as hydroponic growing products, today announced it has sold its approximate 30 percent stake in TruGreen to the majority owner in a transaction in which ScottsMiracle-Gro received approximately $234 million. In 2016, the Company contributed its wholly owned subsidiary, Scotts LawnService, into a joint venture with TruGreen, creating the largest do-it-for-me lawn service company in America. Seventy percent of the joint venture was owned by the private equity firm Clayton Dublier & Rice, its co-investors and TruGreen management, with the balance owned by ScottsMiracle-Gro.

  • GlobeNewswirelast month

    The Scotts Miracle-Gro Foundation Welcomes Spring by Announcing Gro More Good Grassroots Grantees with KidsGardening

    To mark the first day of spring and celebrate the start of the gardening season, The Scotts Miracle-Gro Foundation today announced the recipients of the 2019 Gro More Good Grassroots Grants with KidsGardening. 175 school and nonprofit organizations across the United States were awarded funding to create or enhance their youth garden programs.

  • Profit from Cannabis with Canopy Growth and Scotts Miracle-Gro
    InvestorPlacelast month

    Profit from Cannabis with Canopy Growth and Scotts Miracle-Gro

    Do you want to grow your trading account? Then it may be high time to look at cannabis leaders Canopy Growth Corp (NYSE:CGC) and Scotts Miracle-Gro (NYSE:SMG). Across "all lines" of business, a strong blend of growth opportunity is happening off and on the price charts of CGC stock and SMG stock, and these are worth putting on the radar for purchase. Let me explain.Source: Shutterstock They're not entirely two peas in a pod. Nevertheless, both Canopy Growth and Scotts are in the booming cannabis sector, or what used to be referred to as the business of grass back when VW buses and Cheech & Chong ruled the day. Did I just date myself?More important, Canopy Growth and Scotts are bonafide leaders within their area of expertise.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd right now CGC stock and SMG stock are ripe for buying as those bottom, top and squiggly price lines are offering a nice blend of the right stuff off and on the price chart for investors to grow big profits in today's market. Cannabis Buy No. 1: CGC Stock Off the price chart, CGC stock is one of the marijuana space's undisputed leaders with its roots firmly planted in the medicinal side, but now also smartly growing its recreational-based business. Not unlike with other early stage industries such as the now-ubiquitous streaming video market such as market leader Netflix (NASDAQ:NFLX), quarterly corporate confessionals have been a mixed blend for Canopy Growth. Overall, though, the fundamental picture looks strong for CGC stock. * Top 7 Service Sector Stocks That Will Pay You to Own Them Most recently, February's earnings report delivered a Street-topping and eye-popping profit of 22 cents compared to forecasts calling for a loss of 17 cents. Those results are a manufactured blend of accounting allowances as CGC grows its business. As much, an eyebrow or two might be raised. Still, for investors familiar with buying growth stocks, budding sales are a reality and there's no denying Canopy's bountiful year-over-year revenue gain of 282%.There's also CGC's relationship with beverage giant Constellation Brands (NYSE:STZ). The strategic alliance puts Canopy at a sizable advantage, with working capital to grow its business, as well as distribution and marketing expertise.On the price chart, conditions for CGC stock is ripe for growing the color of money in investors' trading accounts. Taking a look at the annotated daily chart of Canopy Growth, what had been a forecasted handle consolidation by this strategist back in the second half of February has morphed into a larger symmetrical triangle pattern.Further supporting the price consolidation's bullish tendencies, CGC's triangle has successfully tested the 50% retracement level a couple times and is centered on either side of the 62% level. All told, a breakout through $48 and slightly above the recent pivot high, as well as angular resistance, looks like an attractive entry point to go long CGC stock.I would add the caveat that Canopy Growth has made a habit of forcing the question "what was I smoking?" from both bulls and bears, with a decent history of technical failures. That being said, to keep any positions from going up in smoke, I'd recommend a homegrown blend of the technical and the prudent, and use an initial stop-loss below $44.40. Cannabis Buy No. 2: SMG Stock SMG stock is our second buy recommendation inside field of cannabis. The company has been around forever and is a household name best known for its fertilizer products for growing one's garden or lawn. But in today's new grass market, Scotts is a major player in the field and the industry's largest hydroponics supplier.Combine SMG's solid "picks-and-shovels" positioning with the cannabis arena's penchant for outsized growth potential and old-school fundamentals like price-to-sales of 1.67 or a forward P/E of 17.6x which don't require an accounting degree and a price chart that's planting the seeds for a breakout -- and bulls have every reason to put Scotts on their radar.Taking a look at the weekly chart of SMG stock, shares have been quietly consolidating at the 50% retracement level for the past few weeks. The price action follows a two-month long rally out of a bear market and might beg the question whether, technically speaking, the glass is half-full or half-empty?With shares also comfortably above the 200-day simple moving average and stochastics having signaled and curling higher out of oversold territory on the daily chart (not shown); you don't have to be smoking anything to see higher prices ahead. And for like-minded investors looking to cash in on today's narrative, buying SMG stock on a breakout above $83.23 with an initial stop-loss beneath the pattern low of $79.94 is a smart way not to get smoked either.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post Profit from Cannabis with Canopy Growth and Scotts Miracle-Gro appeared first on InvestorPlace.

  • 3 Marijuana Stocks With a Killer Advantage
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