ScottsMiracle-Gro
About: Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the us. The business consists of three reporting segments: us consumer, Hawthorne, and other. The us consumer segment consists of a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. us consumer typically generates the vast majority of companywide revenue and profits. Hawthorne sells indoor gardening and hydroponic equipment, particularly to the cannabis growing industry, while the other segment primarily consists of lawn and gardening products sold in Canada. Its lawncare and gardening products are well-recognized brands in the us, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat.
Employees: 5,300
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
65% more call options, than puts
Call options by funds: $67.4M | Put options by funds: $40.7M
3.95% less ownership
Funds ownership: 77.61% [Q3] → 73.66% (-3.95%) [Q4]
5% less funds holding
Funds holding: 459 [Q3] → 434 (-25) [Q4]
10% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 79
19% less capital invested
Capital invested by funds: $3.8B [Q3] → $3.06B (-$737M) [Q4]
34% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 176
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$72
19%
upside
Avg. target
$75
23%
upside
High target
$80
32%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
UBS Peter Grom 32% 1-year accuracy 7 / 22 met price target | 19%upside $72 | Neutral Maintained | 16 Jan 2025 |
Wells Fargo Chris Carey 48% 1-year accuracy 21 / 44 met price target | 32%upside $80 | Overweight Maintained | 7 Jan 2025 |
Jefferies Jonathan Matuszewski 50% 1-year accuracy 3 / 6 met price target | 19%upside $72 | Hold Initiated | 9 Dec 2024 |
Financial journalist opinion
Based on 11 articles about SMG published over the past 30 days
Positive
MarijuanaStocks
2 weeks ago
Ancillary Cannabis Stocks to Watch in February: Strong Picks for 2025
Ancillary cannabis stocks continue to gain attention as the industry expands. These companies provide essential products for cultivation, processing, and retail operations. Unlike plant-touching businesses, ancillary stocks face fewer regulatory risks. The U.S. cannabis market was valued at $13.2 billion in 2023 and is expected to reach $40 billion by 2030. This rapid growth fuels demand for hydroponic equipment, lighting systems, and agricultural supplies. Recently, Congress discussed new federal cannabis reform proposals, boosting investor sentiment. Several states, including Florida and Pennsylvania, are considering expanding legalization measures in 2024. These potential changes could drive further market growth and increase demand for ancillary services.
Neutral
Zacks Investment Research
2 weeks ago
Scotts Miracle-Gro's Q1 Earnings and Revenues Beat Estimates
SMG sees a double-digit increase in U.S. Consumer division sales in Q1, offset by a decline in the Hawthorne unit.
Positive
Seeking Alpha
2 weeks ago
Scotts Miracle-Gro: Stabilizing Revenue And Margin Expansion Drive Optimism
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.
Neutral
GlobeNewsWire
3 weeks ago
ScottsMiracle-Gro Appoints Nick Miaritis to Board of Directors
MARYSVILLE, Ohio, Jan. 31, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced that Nick Miaritis has been named to its Board of Directors.
Positive
MarijuanaStocks
3 weeks ago
3 Marijuana Stocks To Buy That Could Add Value To Your Portfolio
Marijuana stock investors saw a slight jump in trading this week. Much of which is caused by the possible changes in the cannabis industry. This year we will see a bigger push on reform and having better regulations in place for legal operators. The better the industry does the better the odds of seeing more cannabis stocks moving up in the market. For some time there has been a disconnect between the success of cannabis companies and how it relates to the public sector.
Neutral
Seeking Alpha
3 weeks ago
The Scotts Miracle-Gro Company (SMG) Q1 2025 Earnings Call Transcript
The Scotts Miracle-Gro Company (NYSE:SMG ) Q1 2025 Earnings Conference Call January 29, 2025 9:00 AM ET Company Participants Jim Hagedorn - Chairman, President & Chief Executive Officer Mark Scheiwer - Executive Vice President, Interim Chief Financial Officer & Chief Accounting Officer Nate Baxter - Executive Vice President & Chief Operating Officer Chris Hagedorn - Executive Vice President & Chief of Staff Conference Call Participants Chris Carey - Wells Fargo Securities Bill Chappell - Truist Securities Jon Andersen - William Blair Eric Bouchard - Cleveland Research Jonathan Matuszewski - Jefferies Unidentified Company Representative Good morning. I'm Brad Shelton [ph]; I would like to welcome you to the Scotts Miracle-Gro First Quarter Earnings Conference Call.
Positive
Zacks Investment Research
3 weeks ago
Scotts (SMG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Scotts (SMG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
3 weeks ago
Scotts Miracle-Gro (SMG) Reports Q1 Loss, Tops Revenue Estimates
Scotts Miracle-Gro (SMG) came out with a quarterly loss of $0.89 per share versus the Zacks Consensus Estimate of a loss of $1.28. This compares to loss of $1.45 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
ScottsMiracle-Gro Reports First Quarter Results; Company Well Positioned for 2025 Lawn & Garden Season
MARYSVILLE, Ohio, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, today announced its results for the first quarter ended December 28, 2024.
Neutral
GlobeNewsWire
3 weeks ago
The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment
MARYSVILLE, Ohio, Jan. 27, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, announced that its Board of Directors has approved the payment of a cash dividend of $0.66 per share. The dividend is payable on Friday, March 7, 2025, to shareholders of record as of Friday, February 21, 2025.
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