ScottsMiracle-Gro

SMG

Market cap $4.07B

Scotts (SMG) reported earnings 30 days ago. What's next for the stock?

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Feb. 11, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.

Marijuana stocks are still facing a battle in the stock market. The cannabis sector has been fighting to reach higher trading levels more consistently. For some time, there has been significant volatility that has been somewhat challenging for shareholders. You would think that with legal operators showing profitability and overall success, it would follow for the public sector. However, this has not been the case in most instances.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

The cannabis sector continues to evolve as 2026 begins. While plant-touching operators still face regulatory pressure, ancillary companies remain better positioned. These businesses do not grow or sell cannabis directly. Instead, they provide the tools, products, and infrastructure that the industry depends on. As a result, they often carry less regulatory risk. They also tend to survive market downturns more effectively.

The cannabis industry continues to evolve as operators adjust to tighter capital markets and shifting regulations. As a result, many investors are looking beyond plant-touching companies. Ancillary cannabis stocks often provide that alternative exposure. These businesses support the industry without directly selling cannabis. Therefore, they avoid many regulatory and licensing risks. At the same time, they still benefit when cultivation and retail activity improve.

SMG tops Q1 earnings and revenue estimates as adjusted losses narrow, sales beat forecasts, and the company reaffirms its fiscal 2026 outlook.

The Scotts Miracle-Gro Company (SMG) Q1 2026 Earnings Call Transcript

Although the revenue and EPS for Scotts (SMG) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Scotts Miracle-Gro (SMG) came out with a quarterly loss of $0.77 per share versus the Zacks Consensus Estimate of a loss of $1.04. This compares to a loss of $0.89 per share a year ago.