|Bid||80.93 x 800|
|Ask||81.28 x 1000|
|Day's range||80.84 - 82.20|
|52-week range||72.58 - 180.43|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||9.07|
|Earnings date||01 Feb 2022 - 07 Feb 2022|
|Forward dividend & yield||2.64 (2.97%)|
|Ex-dividend date||26 May 2022|
|1y target est||100.00|
Its cannabis-related subsidiary, The Hawthorne Gardening Company, continues to suffer from overcapacity in the industry, and its sales declined a whopping 63%. In fact, the overall company's sales were so weak that it left the company with "higher leverage than we want to maintain," according to CEO Jim Hagedorn on the earnings release. As a reminder, the financial world typical gauges debt levels on the basis of earnings, so as its earnings outlook gets worse, so will Scotts come under pressure to reduce debt.
Scotts Miracle-Gro (SMG) sees lower-than-expected sales in the U.S. Consumer segment and sustained pressure on sales in the Hawthorne unit in Q3.
The Scotts Miracle-Gro Company ( NYSE:SMG ) has announced that it will pay a dividend of $0.66 per share on the 9th of...