SMG stock holds near $60 as earnings and targets reset
Published on 08/29/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSMG stock traded at $60.46 at 2:27:33 p.m. EDT on August 29, 2026, with a $3.521 billion market cap and a 52-week range of $52.00 to $75.34.
The Scotts Miracle-Gro Company (US8030331098) also reported Q3 FY26 revenue of $1.17 billion and earnings of $112.2 million, after quarterly EPS of $2.82 topped consensus by $0.34 on July 29, 2026.
Earnings set the tone
The latest quarter gave the stock a clearer fundamental anchor: Q3 FY26 revenue was $1.17 billion, profit margin was 9.57%, and the company said earnings per share came in at $2.82 versus an expected $2.48.
That was a larger earnings beat than the revenue line suggested. The same quarter showed revenue up 1.1% year over year, while the share price still sat 19.76% below the 52-week high of $75.34 in the most recent quote snapshot.
Targets still point higher
Consensus pricing on the stock remains above the market level, with a $75.40 average target and a $77.17 average target shown in separate market snapshots. A recent analyst action also lifted one target to $76 on August 3, 2026.
The comparison matters because SMG is trading near 22.60 times earnings on one market-data view, while the same snapshot shows a 4.36% dividend yield and trailing EPS of $2.59. Against that setup, the stock is still pricing in execution rather than a deep-value reset.
More on Scotts Miracle-Gro products
Scotts Miracle-Gro sells lawn, garden, and indoor growing brands including Scotts, Miracle-Gro, Ortho, and Roundup. Those brands sit across consumer lawn care, garden soil, fertilizer, and hydroponic channels.
Price and stock view
As of August 29, 2026, the shares were changing hands at $60.46, with the intraday range between $60.13 and $61.50. The stock is up 6.98% year to date on one quote page, while a second snapshot shows a 3.66% YTD return.
Company details
Company: The Scotts Miracle-Gro Company
ISIN: US8030331098
Ticker: SMG
Exchange: NYSE
Price (as of August 29, 2026, 2:27:33 p.m. EDT): $60.46 USD
Market cap: $3.521 billion
Sector / Industry: Materials / Agricultural Inputs
Index membership: not listed in the available data
Next earnings date: November 4, 2026
