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. 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. The current market capitalization of Scotts Miracle-Gro Company is $3.37B. A total of 0.56 million shares were traded on the day, compared to an average of 747.68K 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 4 BUY and 6 SELL insider trades, representing the acquisition of 16,698 and the disposition of 83,682 shares. Over the last 12 months, there were 88 BUYs and 18 SELLs from insiders. Insiders purchased 109,073 shares during that period but sold 239,518.
In the most recent transaction, Mistretta Nancy G. sold 3,200 shares of SMG for 61.61 per share on Dec 14. After the transaction, the Director now owns 17,512 company shares. In a previous transaction on Dec 13, KELLY THOMAS N JR sold 4,910 shares at 56.65 per share. SMG shares that Director owns now total 10,159.
Among the insiders who sold shares, Hagedorn Partnership, L.P. disposed of 27,402 shares on Dec 08 at a per-share price of $60.86. This resulted in the Director holding 13,896,368 shares of SMG after the transaction. In another insider transaction, Mistretta Nancy G. sold 1,000 shares at $60.25 per share on Dec 08. Company shares held by the Director now total 20,712.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. SMG’s most recent ex-dividend date was 2/22/2024 when it declared a $0.66 quarterly dividend that was paid in cash on 3/8/2024. Previously, the company paid the dividend on 12/8/2023 with an ex-dividend date of 11/24/2023. The SMG stock 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 $65.71 with high estimates of $70.00 and low estimates of $49.00. In terms of 52-week highs and lows, SMG has a high of $88.61 and a low of $43.67.
As of this writing, SMG has an earnings estimate of -$1.44 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$1.17 per share and a lower estimate of -$1.94. The company reported an EPS of $1.17 in the last quarter, which was -19.30% lower than expectations of $1.45.
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. SMG’s latest balance sheet shows that the firm has $244.10M in Cash & Short Term Investments as of fiscal 2021. There were $2.60B in debt and $1.14B in liabilities at the time. Its Book Value Per Share was -$4.73, while its Total Shareholder’s Equity was $1.01B.
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, 0 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 Buy with a score of 4.25.
