Scotts Miracle-Gro Company (The) (NYSE:SMG) Updates On Dividend Release Date


On 2016-08-03, Scotts Miracle-Gro Company (The) (NYSE:SMG) confirmed the dividend disbursement of $0.5 a share to shareholders as on record 2016-08-26. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-24.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Scotts Miracle-Gro Company (The) (NYSE:SMG) paid a total of $0.5 per share in dividends. This figure stood at $0.5 a share in the same period a year ago indicating a deviation of -51.6279%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $76.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $85 and $70, respectively.

Taking the mathematical rating formula, the price for Scotts Miracle-Gro Company (The) (NYSE:SMG) stands at 2.29. Earnings Review Scotts Miracle-Gro Company (The) (NYSE:SMG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $-0.24.

Coming to the quarter ending on 2015-09-30, Scotts Miracle-Gro Company (The) (NYSE:SMG) recorded EPS of $2.16. The reported numbers came lower than the analysts’ estimates of $2.08, demonstrating a miss of $0.08 as against reported figures.

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