ScottsMiracle-Gro Announces Third Quarter Results; Re-Affirms Earnings Outlook and Outlines Progress Against ‘Project Focus’

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Go back to ScottsMiracle-Gro Announces Third Quarter Results; Re-Affirms Earnings Outlook and Outlines Progress Against ‘Project Focus’

JPMorgan Upgrades Scotts Miracle-Gro (SMG) to Overweight

August 4, 2016 7:14 AM EDT

JPMorgan upgraded Scotts Miracle-Gro (NYSE: SMG) from Neutral to Overweight with a price target of $85.00 (from $70.00).

For an analyst ratings summary and ratings history on Scotts Miracle-Gro click here. For more ratings news on Scotts Miracle-Gro click here.

Shares of Scotts Miracle-Gro closed at $78.03 yesterday.

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Scotts Miracle-Gro (SMG) Raises Quarterly Dividend 6.4% to $0.50; 2.7% Yield

August 3, 2016 8:50 AM EDT

Scotts Miracle-Gro (NYSE: SMG) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 6.4% increase from the prior dividend of $0.47.

The dividend will be payable on September 9, 2016, to stockholders of record on August 26, 2016, with an ex-dividend date of August 24,... More

Scotts Miracle-Gro (SMG) Tops Q3 EPS by 4c; Trims FY16 Sales Outlook

August 3, 2016 8:49 AM EDT

Scotts Miracle-Gro (NYSE: SMG) reported Q3 EPS of $2.16, $0.04 better than the analyst estimate of $2.12. Revenue for the quarter came in at $994.1 million versus the consensus estimate of $1.05 billion.

The Board approved a share repurchase authorization of $500 million that is incremental to the Companys existing... More