SMG - The Scotts Miracle-Gro Company

NYSE - NYSE Delayed Price. Currency in USD
76.90
+0.46 (+0.60%)
At close: 4:02PM EDT
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Previous Close76.44
Open76.76
Bid0.00 x 800
Ask0.00 x 800
Day's Range76.02 - 77.86
52 Week Range57.96 - 91.81
Volume351,502
Avg. Volume544,237
Market Cap4.256B
Beta (3Y Monthly)1.21
PE Ratio (TTM)818.09
EPS (TTM)0.09
Earnings DateMay 1, 2019
Forward Dividend & Yield2.20 (2.88%)
Ex-Dividend Date2019-02-21
1y Target Est85.50
Trade prices are not sourced from all markets
  • Scotts Miracle-Gro (SMG) Divests 30% Ownership in TruGreen
    Zacks19 hours ago

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

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

  • ACCESSWIRE20 hours 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 ...

  • GlobeNewswire5 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.

  • GlobeNewswire6 days ago

    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.

  • GlobeNewswire6 days ago

    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
    InvestorPlace7 days ago

    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
    Motley Fool9 days ago

    3 Marijuana Stocks With a Killer Advantage

    Not all marijuana stocks are alike. These three have a competitive edge that their rivals don't.

  • ACCESSWIRE13 days ago

    Cannabis Industry Forecasts Make These Stocks Worth Researching

    HENDERSON, NV / ACCESSWIRE / March 13, 2019 / With legalization efforts spreading around the globe the cannabis industry continues to grow at a higher rate than most major industries. According to data ...

  • The Zacks Analyst Blog Highlights: Scotts Miracle-Gro and Innovative Industrial Properties
    Zacks15 days ago

    The Zacks Analyst Blog Highlights: Scotts Miracle-Gro and Innovative Industrial Properties

    The Zacks Analyst Blog Highlights: Scotts Miracle-Gro and Innovative Industrial Properties

  • Top Alternative Marijuana Stocks for Wall Street Lovers
    Zacks18 days ago

    Top Alternative Marijuana Stocks for Wall Street Lovers

    Global consumer marijuana outlays are estimated to climb 38% to $16.9 billion this year, up from a projected $12.2 billion last year, $9.5 billion in 2017, and $6.9 billion in 2016.

  • GlobeNewswire19 days ago

    Miracle-Gro® Revolutionizes Organic and Indoor Gardening

    As interest in gardening continues to rise, Miracle-Gro is stepping up to meet consumer needs head-on. This spring, the leading brand in gardening launched two category innovations: Miracle-Gro® Performance Organics™ and the Miracle-Gro® Twelve™ Indoor Growing System. "As gardening evolves we need to meet and exceed the ever-changing needs of our consumers.

  • Do You Know About The Scotts Miracle-Gro Company’s (NYSE:SMG) ROCE?
    Simply Wall St.19 days ago

    Do You Know About The Scotts Miracle-Gro Company’s (NYSE:SMG) ROCE?

    Today we'll look at The Scotts Miracle-Gro Company (NYSE:SMG) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in theRead More...

  • The Marijuana Industry: Everything You Need to Know
    Motley Fool20 days ago

    The Marijuana Industry: Everything You Need to Know

    Here are the most important things you should know before investing in pot stocks.

  • Zacks20 days ago

    Stocks Get Stuck Waiting for Trade Deal

    Stocks Get Stuck Waiting for Trade Deal

  • Top Marijuana Stocks That Pay Dividends
    Investopedia20 days ago

    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.

  • Benzinga21 days ago

    Raymond James Gives Update On Scotts Miracle-Gro Following CFO Presentation

    Scotts Miracle-Gro Co (NYSE: SMG ) CFO Randy Coleman presented at the Raymond James Institutional Investors Conference in Orlando on Monday. He shared updates on the Hawthorne hydroponics business and ...

  • Why The Scotts Miracle-Gro Company Stock Rose 10% in February
    Motley Fool21 days ago

    Why The Scotts Miracle-Gro Company Stock Rose 10% in February

    The upturn at Scotts continued in February as the stock quickly recovers from a brutal 2018.

  • Markit21 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 $3.66 billion. Additionally, the rate of inflows is increasing. 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, but is easing. 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.

  • The 2 Best Alternative Marijuana Stocks to Buy Now
    InvestorPlace21 days ago

    The 2 Best Alternative Marijuana Stocks to Buy Now

    When I urged folks to consider marijuana stocks in 2014, I got laughed at on TV as being "toked up."Source: Shutterstock But every objection I hear -- every hurdle to full, U.S. legalization -- is just more proof that we're still in the very early innings.Marijuana is a key, long-term investment trend. I can't pound the table often enough on this.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs more states legalize recreational marijuana, it'll be right up there with other "sin industries." For example, wine alone is a $60 billion industry in the United States. Cigarettes are $77 billion. Beer is $110 billion.So when Cowen & Co. projects U.S. marijuana sales at $75 billion by 2030 -- I say that's too low. Beer is already losing ground to marijuana in terms of sales growth. As pot stocks grab pieces of each competitor's pie, I could easily see marijuana surpassing other sin industries.That's even before you consider medical researchers are studying treatments with cannabinoids -- not the ones that get you high -- for everything from cancer to multiple sclerosis, mental health and seizures.But aside from major illness, over-the-counter products may soon be all over store shelves. The groundwork is there, with hemp production being legalized in the recent U.S. Farm Bill. And cannabidiol (CBD) supplements having been around since 2017. * 7 Stocks Under $10 You Shouldn't Buy The idea is to use cannabis' anti-inflammatory quality to ease joint pain, headaches and the like. We've even got Melissa McCarthy rubbing CBD oil on her foot before she walks the red carpet at the Oscars.Now, I mentioned the hurdles many marijuana stocks currently face. As investors, we've got to consider that, without federal legalization, the NYSE and Nasdaq won't list marijuana stocks that do business in the United States. (Hence the popularity of Canadian pot stocks … several of which do list on U.S. exchanges, in addition to the Toronto exchange.) The Two Best Alternative Marijuana StocksBut if you're just looking for big, established, American investments, then there are a few secondary plays on marijuana to consider.And before you let the word "secondary" get to you, realize that these are actually some of the best ways to play the long-term investment trend in marijuana. Specifically, this alternative approach to pot is a "picks and shovels" investment strategy.If we go back a couple of hundred years to the California gold rush of 1849, it was -- literally -- the sellers of the picks and shovels that got rich.We saw it ourselves, again, in the shale oil boom of the early 21st century. Besides the skyrocketing real estate prices in North and South Dakota, we saw energy equipment makers soar in value.That same principle can be applied to marijuana. Secondary companies will never touch the plant … but they will still benefit from the growing industry.This brings us to Scotts Miracle-Gro (NYSE:SMG), which is one of the best alternative marijuana stocks to invest in today.It's a $4.5 billion stock, and most people know the namesake Miracle-Gro product. You might be sprinkling it on your lawn, but SMG also offers products for pest and disease control, seeding and hydroponics.So, it has become a major supplier to the booming marijuana industry, which relies on its products to boost cultivation output.SMG stock had a rough 2018. Its cannabis-focused subsidiary, Hawthorne, was yet to be profitable and the long winter kept consumer gardening products from making up for it.But that all changed in December, when the U.S. Farm Bill passed, and hemp production was legalized.The company started 2019 strong, thanks largely to the cannabis business. Sales in the consumer lawn and garden segment were up 9% in SMG's first quarter -- but Hawthorne's were up 84%. And share prices have promptly rallied 33% year-to-date.SMG stock should see continued upside with the strong performance of the entire marijuana industry. * 7 Chinese Stocks to Buy for the 2019 Rebound The second alternative pot stock to consider is Innovative Industrial Properties (NYSE:IIPR). IIPR is a real estate investment trust (REIT) that owns properties where California state-licensed operators grow marijuana for medical use.In 2016, IIPR became the first marijuana stock to ever list on a major U.S. stock exchange. As a REIT, this company does not touch the plant, so it can list on the Nasdaq.The company is still small: IIPR stock has a $750 million market cap. But the company has been growing at a high pace -- analysts are looking for 109% sales growth in its mid-March earnings report -- and the stock has done even better.IIPR stock is up 211% over the past year, and it pays a dividend of 1.8%. At Matt McCall's Investment Opportunities, we're up over 130% since we added the stock to our portfolio in August. And when you consider that it's a business that's so essential to a booming industry -- and the company pays a decent dividend -- the best could be yet to come.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Retail Stocks Ready to Break Out * 7 Strong Buy Stocks the Street Loves * 10 Best Stocks to Buy and Hold Forever Compare Brokers The post The 2 Best Alternative Marijuana Stocks to Buy Now appeared first on InvestorPlace.

  • Moody's21 days ago

    TruGreen Limited Partnership -- Moody's affirms TruGreen's B2 CFR; assigns B1 ratings to new credit facilities

    Moody's Investors Service ("Moody's") affirmed TruGreen Limited Partnership's (TruGreen) B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating following the company's announcement of a debt-financed share repurchase and recapitalization. Concurrently, Moody's assigned B1 ratings to the company's new senior secured first lien revolver and term loan.

  • Better Buy: Cara Therapeutics vs. Scotts Miracle-Gro Company
    Motley Fool23 days ago

    Better Buy: Cara Therapeutics vs. Scotts Miracle-Gro Company

    Which stock wins in a matchup between an up-and-coming biotech and a top supplier to the cannabis industry?

  • Benzinga23 days ago

    Flowr Partners With Chef Ryan Reed To Develop Premium Edibles

    The company is developing a state-of-the-art R&D facility and has partnered with Hawthorne Canada, a subsidiary of The Scotts Miracle-Gro Co. (NYSE: SMG). The 50,000-square-foot facility is located in Kelowna, British Columbia, and Flowr plans to develop and test Hawthorne cultivation systems — such as lights, fertilization and irrigation systems — in the facility.

  • ACCESSWIRE26 days ago

    Next Cannabis Stocks to Breakout-THC Therapeutics, Inc.

    HENDERSON, NV / ACCESSWIRE / February 28, 2019 / Cannabis and CBD stocks have had a strong 2019. Below are several companies in the sector making news that you should research. One that we found with an ...

  • GlobeNewswire28 days ago

    ScottsMiracle-Gro to Present at Raymond James & Associates’ 40th Annual Institutional Investors Conference

    The Scotts Miracle-Gro Company (NYSE SMG), the world’s largest marketer of branded consumer lawn and garden products, will present at Raymond James & Associates’ 40th Annual Institutional Investors Conference on Monday, March 4, 2019 in Orlando, Florida. Chief Financial Officer Randy Coleman will discuss current business strategies at about 7:30 a.m. eastern time. With approximately $2.6 billion in sales, the Company is one of the world's largest marketers of branded consumer products for lawn and garden care.

  • Will Warren Buffett Buy Pot Stocks?
    Motley Fool28 days ago

    Will Warren Buffett Buy Pot Stocks?

    Could the Oracle of Omaha be lured into the green rush?