Scotts Miracle-Gro Co (SMG) had declared a cash dividend of $0.5000 on Jan 27, 2017. The shares will quote ex-dividend on Feb 22, 2017 and the record date has been fixed for Feb 24, 2017. Based on Feb 22, 2017 share price, the yield comes out to be 2.13%. The dividend payable date has been fixed on Mar 10, 2017.
In a different note, On Jan 11, 2017, SunTrust Robinson Humphrey said it Downgrades its rating on Scotts Miracle-Gro Co. In the research note, the firm Announces the price-target to $95 per share. The shares have been rated ‘Hold’ by the firm.
Scotts Miracle-Gro Co (SMG) shares turned negative on Wednesdays trading session with the shares closing down -0.33 points or -0.35% at a volume of 5,68,284. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $95.04. The peak price level was also seen at $95.04 while the days lowest was $93.54. Finally the shares closed at $93.96. The 52-week high of the shares is $98.816 while the 52-week low is $65.01. According to the latest information available, the market cap of the company is $5,623 M.
Scotts Miracle-Gro Co(SMG) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $994.10M. Analysts had an estimated revenue of $1.08B. Earnings per share were $2.16. Analysts had estimated an EPS of $2.13.
Several Insider Transactions has been reported to the SEC. On Feb 8, 2017, Katherine Littlefield Hagedorn (director 10% owner) sold 3,170 shares at $89.46 per share price.Also, On Dec 19, 2016, James Hagedorn (Chairman and CEO) sold 15,984 shares at $95.64 per share price.On Dec 15, 2016, Partnership, L.p. Hagedorn (10% owner) sold 20,000 shares at $95.46 per share price, according to the Form-4 filing with the securities and exchange commission.
The Scotts Miracle-Gro Company (Scotts Miracle-Gro) is a manufacturer and marketer of branded consumer lawn and gardens products. The Companys segments include Global Consumer which manufactures and markets consumer lawn and gardens products including lawn care Gardening and Landscape and Home Protection and Scotts LawnService which provides residential and commercial lawn care tree and shrub care and limited pest control services in the United States through periodic applications of fertilizer and control products. The Company sells its consumer products primarily to home centers mass merchandisers warehouse clubs large hardware chains independent hardware stores nurseries garden centers and food and drug stores through both a direct sales force and its network of brokers and distributors. The primary distribution centers for the Company’s Global Consumer business internationally are located in the United Kingdom France Germany Austria and Australia.