Today, The Scotts Miracle-Gro Company (NYSE: SMG) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Volume reached 12,580 shares, with price reaching a high of $91.9799 and a low of $87.3. Most recently, Yahoo Finance reported about the stock as it publicized that The Scotts Miracle-Gro Company Announces Quarterly Dividend Payment.

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Stocks Info

The company is listed on the NYSE and operates within the Agricultural Inputs industry segment. At the end of the last regular session, the stock closed at $87.43 and fluctuated between $90.01 as its day high and $85.34 as its day low. The current market capitalization of The Scotts Miracle-Gro Company is $4.60B. A total of 0.61 million shares were traded on the day, compared to an average of 568.52K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SMG has seen 17 BUY and 9 SELL insider trades, representing the acquisition of 1,961 and the disposition of 79,805 shares. Over the last 12 months, there were 125 BUYs and 23 SELLs from insiders. Insiders purchased 438,463 shares during that period but sold 458,214.

In the most recent transaction, HAGEDORN JAMES sold 60,000 shares of SMG for 97.74 per share on May 13. After the transaction, the Chairman and CEO now owns 261,816 company shares. In a previous transaction on May 10, King James D sold 17,500 shares at 98.42 per share. SMG shares that EVP and CCO owns now total 9,760.

Among the insiders who sold shares, Johnson Stephen L disposed of 2,305 shares on May 04 at a per-share price of $113.36. This resulted in the Director holding 20,233 shares of SMG after the transaction. In another insider transaction, Volas Gerald bought 6,000 shares at $171.52 per share on Nov 09. Company shares held by the Director now total 6,436.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. The Scotts Miracle-Gro Company pays an annual dividend of $2.64, resulting in a dividend yield of 3.02%, and it has a price to earnings (P/E) ratio of 12.20. SMG’s most recent ex-dividend date was 05/26/2022 when it declared a $0.66 quarterly dividend that was paid in cash on 06/10/2022. Previously, the company paid the dividend on 03/10/2022 with an ex-dividend date of 02/23/2022. The dividend was $0.66 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SMG in the last 3 months, the mean price target is $99.38 with high estimates of $125.00 and low estimates of $85.00. In terms of 52-week highs and lows, SMG has a high of $180.43 and a low of $72.58.

As of this writing, SMG has an earnings estimate of $1.7 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.97 per share and a lower estimate of $1.54. The company reported an EPS of $5.03 in the last quarter, which was 7.25% higher than expectations of $4.69.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SMG is Hold with a score of 3.50. A total of 3 analysts rated the stock as Buy while 1 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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