SMG, US8030331098

The Scotts Miracle-Gro Company stock steadies near 59 dollars after Q3 2026 earnings

Published on 09/02/2026 at 08:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Scotts Miracle-Gro Company stock is trading just under 59 USD as of early September 2026, after reporting higher Q3 2026 earnings and revenue around 1.17 billion USD. For investors, the combination of improved profitability and leverage targets remains in focus.

SMG, US8030331098, Illustration mit AI erstellt.
SMG, US8030331098, Illustration mit AI erstellt.

The Scotts Miracle-Gro Company stock (ISIN US8030331098) is quoted at 58.79 USD on the New York Stock Exchange as of September 1, 2026, down about 1.7 percent from the previous close according to market data from Yahoo Finance. This places the share slightly below the 60 dollar mark that, based on a recent August 28, 2026 price snapshot, had marked a short-term consolidation zone for the stock in late August according to a prior overview by ad-hoc-news that also relied on Yahoo price data.

Q3 2026 results show improved profitability

According to the earnings overview compiled by Yahoo Finance, The Scotts Miracle-Gro Company generated revenue of about 1.17 billion USD in Q3 fiscal 2026, with earnings of roughly 112.2 million USD for that quarter. The same overview shows a profit margin of 9.57 percent for Q3 fiscal 2026, highlighting that the company is currently operating with a high single digit profitability level in its latest reported quarter.

In addition to the headline revenue and profit numbers for Q3 fiscal 2026, the same financial data series indicates that earnings per share for that quarter came in at 2.8 on a normalized GAAP basis compared with a consensus estimate of 2.5. That means Q3 fiscal 2026 earnings per share exceeded the market expectation by around 0.3 points, underlining that the company delivered a positive earnings surprise in its latest quarter relative to the analyst consensus embedded in the data.

Stock consolidates around the high 50 dollar range

Based on the latest real time quote section on Yahoo Finance, The Scotts Miracle-Gro Company stock traded at 58.79 USD as of 3:37 PM Eastern Time on September 1, 2026, after a previous close of 59.80 USD. The intraday move of about minus 1.01 USD corresponds to a decline of roughly 1.68 percent, suggesting that the market is digesting the recent Q3 fiscal 2026 earnings and guidance without a strong directional breakout at this stage.

A separate price overview published by ad-hoc-news and based on Yahoo Finance data shows that The Scotts Miracle-Gro Company stock closed at 60.43 USD on August 28, 2026, down 0.26 percent from the previous session. The comparison between the 60.43 USD close on August 28, 2026 and the 58.79 USD level on September 1, 2026 implies a short-term decline of about 1.64 USD, or around 2.7 percent, over these few trading days as investors reassess the stock after updated financial targets presented at a recent Investor Day.

Go deeper

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Read additional news and regulatory disclosures on The Scotts Miracle-Gro Company and how its stock has reacted in recent sessions.

Lawn and garden products remain core to the story

The Scotts Miracle-Gro Company is best known for its lawn and garden products, including branded fertilizers and lawn care solutions aimed at both consumers and professional users. A significant portion of the companys revenue comes from seasonal demand patterns, with the spring and early summer periods typically representing peak activity for lawn and garden care in North America according to the segment descriptions in its investor materials.

Stock valuation and market context

Market data compiled by Yahoo Finance indicate that The Scotts Miracle-Gro Company stock is currently traded on the New York Stock Exchange under the ticker symbol SMG and is not a constituent of headline indices such as the S and P 500 or Dow Jones Industrial Average. For investors, this means that the stock is influenced more by company specific fundamentals and the broader consumer discretionary sector trends than by index driven flows from large passive investment vehicles.

The same data sources suggest that the companys market capitalization is in the mid single digit billion USD range as of late August and early September 2026, reflecting the valuation investors currently assign to its established position in lawn and garden products and its efforts to manage leverage and improve profitability. In addition, some European investors can access the stock via secondary trading lines or over the counter trading platforms, although The Scotts Miracle-Gro Company is not part of DACH indices such as DAX, MDAX or SMI, which limits its inclusion in regional index funds.

Closing stock view

As of the latest completed regular trading session on August 28, 2026, The Scotts Miracle-Gro Company stock closed at 60.43 USD on the New York Stock Exchange, with the closing price as of that date based on data from Yahoo Finance and documented by ad-hoc-news. With the subsequent real time quote of 58.79 USD at 3:37 PM Eastern Time on September 1, 2026, the stock currently trades modestly below that late August closing level, leaving investors watching whether the improved Q3 fiscal 2026 earnings can support a sustained recovery toward prior highs.

Key data for The Scotts Miracle-Gro Company

  • Company: The Scotts Miracle-Gro Company Inc.
  • ISIN: US8030331098
  • Ticker: SMG
  • Trading venue: New York Stock Exchange
  • Price (as of September 1, 2026, 15:37): 58.79 USD
  • Sector / Industry: Consumer discretionary / Lawn and garden products
  • Index membership: Not included in major headline indices such as S and P 500 or Dow Jones Industrial Average

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