Scotts Miracle-Gro Stock Drops to $51.98, 52-Week Low

Scotts Miracle-Gro Company’s shares reached a 52-week low of $51.98 on September 21, 2026, marking a 10.77% decline from its year-end closing price. The stock’s performance reflects broader market sentiment, though it continues to trade on a 5.04% dividend yield, sustained for 22 consecutive years. Despite the recent downturn, analysts remain cautiously optimistic, with price targets rising from prior estimates. UBS raised its outlook to $78 from $70, maintaining a neutral rating, while Stifel increased its target to $76 from $75, keeping a buy recommendation. The company’s third-quarter fiscal 2026 results showed adjusted earnings per share of $2.82, surpassing expectations of $2.48, and revenue of $1.17 billion, in line with forecasts. Sales growth was modest at 1% year-over-year, but the company raised its full-year EPS outlook following the earnings release. Analysts and data platforms, including InvestingPro, note the stock as potentially undervalued, with the Relative Strength Index (RSI) indicating it remains in oversold territory. Past winners cited by ProPicks AI include Super Micro Computer and AppLovin, though neither is directly referenced in Scotts Miracle-Gro’s current context.