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The Scotts Miracle-Gro Company (SMG)

Basic Materials | Agricultural Inputs | Marysville, United States | NYSE
60.43 USD -0.16 (-0.264%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 60.43

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:02 a.m. EDT

The investment case for Scotts Miracle-Gro is currently fractured by a severe disconnect between its attractive yield and its deteriorating operational reality. While the 4.3% dividend yield appears generous on the surface, the payout ratio of 102% is a critical red flag, indicating the company is distributing more cash than it earns from operations; this is unsustainable and risks future cuts if earnings do not rebound. Fundamentally, the business is struggling with stagnation: revenue growth is merely 1%, earnings are contracting at 25%, and the stock has suffered a 23% decline over the last nine years. The market has correctly priced this as a value trap rather than a bargain, evidenced by the heavy put option positioning which signals widespread fear of further downside. Although the stock recently beat earnings estimates, the broader trend of shrinking profitability and the inability to generate meaningful top-line growth suggest the core business is losing its competitive edge. With a negative book value and a history of multi-year declines, the safety margin is illusory. Investors should view the current price as a reflection of structural weakness rather than an opportunity to catch a falling knife.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.052120
MSTL0.055771
AutoETS0.056515
AutoARIMA0.056518

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 41%
H-stat 7.39
Ljung-Box p 0.000
Jarque-Bera p 0.345
Excess Kurtosis -1.07
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-08-20
Last Dividend Date 2026-08-20
Revenue per Share 60.009
Market Cap 3,518,251,008
Trailing P/E 23.42
Forward P/E 12.77
Beta 1.83
Profit Margins 2.12%
Website https://scottsmiraclegro.com

As of Aug. 22, 2026, 4:02 a.m. EDT: Speculators are positioning defensively with a heavy concentration of out-of-the-money put options (OI) relative to calls, creating a significant 'wall' at strikes like $47.50 and $50.00 for January 2027 expiration. This distribution suggests a fear of a prolonged downtrend or a sharp drop to lower valuations. Conversely, call interest is skewed toward higher strikes ($72.50, $90.00, $130.00), indicating limited speculative optimism for a near-term rally. The implied volatility surface shows elevated premiums for deep out-of-the-money puts compared to calls, reinforcing a bearish sentiment regarding downside risk.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.08% 4.38% 4.23% 3.90%
Dividend History
Date Dividend Yield %
2026-08-21 0.660 1.081790
2026-05-22 0.660 1.115619
2026-02-20 0.660 0.943396
2025-11-21 0.660 1.234799
2025-08-22 0.660 1.040681
2025-05-23 0.660 1.110737
2025-02-21 0.660 1.091631
2024-11-22 0.660 0.847675
2024-08-23 0.660 0.919476
2024-05-23 0.660 1.016166
2024-02-22 0.660 1.129750
2023-11-24 0.660 1.172500
2023-08-24 0.660 1.285047
2023-05-25 0.660 1.012581
2023-02-23 0.660 0.795564
2022-11-25 0.660 1.188119
2022-08-25 0.660 0.873131
2022-05-26 0.660 0.707699
2022-02-23 0.660 0.508357
2021-11-26 0.660 0.408846
2021-08-26 0.660 0.419074
2021-05-26 0.620 0.282499
2021-02-23 0.620 0.279834
2020-11-27 0.620 0.360843
2020-08-26 5.620 3.444683
2020-05-26 0.580 0.430778
2020-02-24 0.580 0.491525
2019-11-25 0.580 0.580232
2019-08-26 0.580 0.552434
2019-05-24 0.550 0.618881
2019-02-21 0.550 0.680356
2018-11-23 0.550 0.737265
2018-08-24 0.550 0.743344
2018-05-24 0.530 0.619304
2018-02-22 0.530 0.589610
2017-11-22 0.530 0.546054
2017-08-23 0.530 0.564070
2017-05-24 0.500 0.569801
2017-02-22 0.500 0.532141
2016-11-22 0.500 0.554570
2016-08-24 0.500 0.611696
2016-05-25 0.470 0.680568
2016-02-23 0.470 0.714177
2015-11-23 0.470 0.691685
2015-08-25 0.470 0.772264
2015-05-22 0.450 0.705329
2015-02-20 0.450 0.689127
2014-11-24 0.450 0.746516
2014-08-29 2.000 3.464403
2014-08-25 0.450 0.749376
2014-05-22 0.438 0.737126
2014-02-20 0.438 0.780331
2013-11-22 0.438 0.741744
2013-08-23 0.438 0.799270
2013-05-23 0.325 0.672878
2013-02-20 0.325 0.739140
2012-11-21 0.325 0.785404
2012-08-23 0.325 0.771422
2012-05-23 0.300 0.678273
2012-02-22 0.300 0.630517
2011-11-22 0.300 0.712589
2011-08-24 0.300 0.638570
2011-05-25 0.250 0.436453
2011-02-22 0.250 0.480400
2010-11-23 0.250 0.497413
2010-08-25 0.250 0.521594
2010-05-25 0.125 0.280206
2010-02-02 0.125 0.307352
2009-11-23 0.125 0.304284
2009-08-18 0.125 0.318066
2009-05-19 0.125 0.347126
2009-02-03 0.125 0.367647
2008-11-18 0.125 0.442165
2008-08-19 0.125 0.514615
2008-05-20 0.125 0.432676
2008-02-12 0.125 0.328861
2007-11-19 0.125 0.350828
2007-08-21 0.125 0.277285
2007-05-22 0.125 0.269397
2007-02-22 8.000 16.810254
2007-02-06 0.125 0.229653
2006-11-14 0.125 0.251105
2006-08-23 0.125 0.316136
2006-05-16 0.125 0.286107
2006-02-07 0.125 0.250300
2005-11-15 0.125 0.271916
2005-08-16 0.125 0.319163
Additional Data
dividendRate 2.64
dividendYield 4.36
exDividendDate 2026-08-21
trailingAnnualDividendRate 2.64
trailingAnnualDividendYield 0.043571547
lastDividendValue 0.66
lastDividendDate 2026-08-21
dividendDate 2026-09-04

Info Dump

Attribute Value
52 Week Change 0.0033205748
Address1 14,111 Scottslawn Road
All Time High 254.34
All Time Low 6.75
Ask 61.56
Ask Size 200
Audit Risk 2
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 878,760
Average Daily Volume3 Month 954,217
Average Volume 954,217
Average Volume10Days 878,760
Beta 1.829
Bid 59.86
Bid Size 100
Board Risk 3
Book Value -4.923
City Marysville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 60.43
Current Ratio 1.215
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 61.5
Day Low 60.13
Dividend Date 1,788,480,000
Dividend Rate 2.64
Dividend Yield 4.36
Earnings Call Timestamp End 1,785,327,300
Earnings Call Timestamp Start 1,785,327,300
Earnings Growth -0.255
Earnings Quarterly Growth -0.247
Earnings Timestamp 1,793,795,400
Earnings Timestamp End 1,793,795,400
Earnings Timestamp Start 1,793,795,400
Ebitda 534,800,000
Ebitda Margins 0.15352
Enterprise To Ebitda 11.183
Enterprise To Revenue 1.717
Enterprise Value 5,980,651,008
Eps Current Year 4.4161
Eps Forward 4.73226
Eps Trailing Twelve Months 2.58
Esg Populated 0
Ex Dividend Date 1,787,270,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 65.5058
Fifty Day Average Change -5.075798
Fifty Day Average Change Percent -0.07748624
Fifty Two Week Change Percent 0.33205748
Fifty Two Week High 75.34
Fifty Two Week High Change -14.909996
Fifty Two Week High Change Percent -0.1979028
Fifty Two Week Low 52.0
Fifty Two Week Low Change 8.43
Fifty Two Week Low Change Percent 0.1621154
Fifty Two Week Range 52.0 - 75.34
Financial Currency USD
First Trade Date Milliseconds 696,868,200,000
Five Year Avg Dividend Yield 3.75
Float Shares 44,572,277
Forward Eps 4.73226
Forward P E 12.769796
Free Cashflow 248,500,000
Full Exchange Name NYSE
Full Time Employees 5,200
Fullday Change -0.16
Fullday Change Percent -0.26407
Fullday Price 60.43
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.32157
Gross Profits 1,120,199,936
Has Pre Post Market Data 1
Held Percent Insiders 0.23698
Held Percent Institutions 0.88372004
Implied Shares Outstanding 58,220,274
Industry Agricultural Inputs
Industry Disp Agricultural Inputs
Industry Key agricultural-inputs
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,787,270,400
Last Dividend Value 0.66
Last Fiscal Year End 1,759,190,400
Last Split Date 1,131,580,800
Last Split Factor 2:1
Long Business Summary The Scotts Miracle-Gro Company, together with its subsidiaries, engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. The company provides lawn care products, comprising lawn fertilizers, clover and grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It also offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, Grower's Edge, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Whirl, Wizz, Miracle-Gro, LiquaFeed, Shake ‘N Feed, Hyponex, Earthgro, Miracle-Gro Organic, CAN-FAN, CAN-FILTERS, EcoPlus, Bug B Gon, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, Ortho Max, Home Defense, Mother Earth, Botanicare, General Hydroponics, CYCO, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The company was formerly known as The Scotts Company. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.
Long Name The Scotts Miracle-Gro Company
Market us_market
Market Cap 3,518,251,008
Market State CLOSED
Max Age 86,400
Message Board Id finmb_322121
Most Recent Quarter 1,782,518,400
Net Income To Common 154,900,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 3,527,566,401
Number Of Analyst Opinions 6
Open 61.05
Operating Cashflow 369,300,000
Operating Margins 0.16825001
Overall Risk 6
Payout Ratio 1.0193
Peg Ratio 0.86
Phone 937 644 0011
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 60.43
Post Market Time 1,787,959,805
Previous Close 60.59
Price Eps Current Year 13.68402
Price Hint 2
Price To Book -12.275036
Price To Sales Trailing12 Months 1.0099759
Profit Margins 0.02121
Quick Ratio 0.667
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.16
Regular Market Change Percent -0.26407
Regular Market Day High 61.5
Regular Market Day Low 60.13
Regular Market Day Range 60.13 - 61.5
Regular Market Open 61.05
Regular Market Previous Close 60.59
Regular Market Price 60.43
Regular Market Time 1,787,947,202
Regular Market Volume 631,149
Return On Assets 0.0929
Revenue Growth 0.011
Revenue Per Share 60.009
Sand P52 Week Change 0.20204377
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 9
Shares Outstanding 58,220,274
Shares Percent Shares Out 0.072399996
Shares Short 4,213,029
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 5,212,194
Short Name Scotts Miracle-Gro Company (The
Short Percent Of Float 0.0942
Short Ratio 3.89
Source Interval 15
State OH
Symbol SMG
Target High Price 82.0
Target Low Price 70.0
Target Mean Price 77.16667
Target Median Price 77.5
Total Cash 27,700,000
Total Cash Per Share 0.476
Total Debt 2,490,099,968
Total Revenue 3,483,500,032
Tradeable 0
Trailing Annual Dividend Rate 2.64
Trailing Annual Dividend Yield 0.043571547
Trailing Eps 2.58
Trailing P E 23.422482
Trailing Peg Ratio 0.8563
Triggerable 1
Two Hundred Day Average 62.48825
Two Hundred Day Average Change -2.0582504
Two Hundred Day Average Change Percent -0.032938197
Type Disp Equity
Volume 631,149
Website https://scottsmiraclegro.com
Zip 43,041