During the last session, Scotts Miracle-Gro Company (NYSE:SMG)’s traded shares were 0.78 million, with the beta value of the company hitting 1.95. At the end of the trading day, the stock’s price was $53.99, reflecting an intraday loss of -2.47% or -$1.37. The 52-week high for the SMG share is $93.90, that puts it down -73.92 from that peak though still a striking 15.52% gain since the share price plummeted to a 52-week low of $45.61. The company’s market capitalization is $3.12B, and the average trade volume was 1.37 million shares over the past three months.
Scotts Miracle-Gro Company (SMG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.44. SMG has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
Scotts Miracle-Gro Company (NYSE:SMG) trade information
Scotts Miracle-Gro Company (SMG) registered a -2.47% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.47% in intraday trading to $53.99, hitting a weekly high. The stock’s 5-day price performance is -0.94%, and it has moved by 2.66% in 30 days. Based on these gigs, the overall price performance for the year is -21.99%.
The consensus price target of analysts on Wall Street is $72, which implies an increase of 25.01% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $72 and $72 respectively. As a result, SMG is trading at a discount of -33.36% off the target high and -33.36% off the low.
While earnings are projected to return 49.18% in 2025, the next five years will return 30.59% per annum.
SMG Dividends
Scotts Miracle-Gro Company is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Scotts Miracle-Gro Company is 2.64, with the dividend yield indicating at 4.89 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 4.54 million shares, is of VANGUARD GROUP INC’s that is approximately 7.9846% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $295.06 million.
Also, the Mutual Funds coming in first place with the largest holdings of Scotts Miracle-Gro Company (SMG) shares are Pacer Funds Trust-Pacer US Cash Cows 100 ETF and iShares Trust-iShares Core S&P Mid-Cap ETF . Data provided on Jan 31, 2025 indicates that Pacer Funds Trust-Pacer US Cash Cows 100 ETF owns about 1.81 shares. This amounts to just over 3.14 percent of the company’s overall shares, with a $97.46 million market value. The same data shows that the other fund manager holds slightly less at 1.41, or about 2.45% of the stock, which is worth about $75.91 million.
