How to Buy Garmin Stock
Garmin Ltd
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness.
Garmin stock last closed at $186.87, down 8.44% from the previous day, and has increased 29.35% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.25 percentage points. Garmin stock is currently +17.99% from its 52-week low of $158.38, and -24.19% from its 52-week high of $246.50.
At the moment, there are 192.54M shares of GRMN outstanding. The market value of GRMN is $35.98B. In the past 24 hours, 2.91M GRMN shares were traded.
How to Buy Garmin Stock
Wondering how to invest in Garmin stock? Here's how.
- Figure out where to buy Garmin stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Garmin stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your details.
- Research Garmin stock: The Garmin ticker symbol is GRMN. Is Garmin stock a good investment? Should you buy shares of GRMN? How do GRMN's underlying business fundamentals look? Do top analysts think Garmin is a good buy? Why has GRMN's stock price moved recently? (Hint: Our stock market research website can help you decide if GRMN is a good stock to buy).
- Place your GRMN purchase: Decide if you will purchase GRMN shares at the current market price or use a limit order to purchase GRMN shares at a particular price.
- Monitor your GRMN investment: Create a watchlist to important notifications about your position in Garmin stock.
Step 1: Figure out where to buy Garmin stock
You will need a brokerage account to access the NYSE market and buy GRMN shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to invest in GRMN today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've filled out your info on the best stock market app, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Research Garmin stock
Once you have identified the best place to buy Garmin stock, it's absolutely critical to analyze their stock before you invest, so you actually comprehend the risk and opportunity.
Garmin shares at a glance
Garmin Fundamentals
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on GRMN's stock page.
How is GRMN stock valued?
You can use many financial metrics, analyses, models, and charts to gauge GRMN's intrinsic value.
Using relative valuations ratios:
- GRMN may be overvalued based on its P/E ratio of 24.43x, relative to Scientific & Technical Instruments industry P/E ratio of 15.64x
- GRMN may be overvalued based on its P/B ratio of 4.4x, relative to Scientific & Technical Instruments industry P/B ratio of 2.99x
- GRMN could be overvalued based on its PEG ratio of 6.44x
You can do additional valuation research on GRMN's stock here.
A look at GRMN Cashflows and Balance Sheet
Positive Financial Indicators:
- GRMN earnings of $1.76B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the GRMN balance sheet.
- GRMN's operating cash flow of $1.42B allows it to safely service it's debt of $140.24M.
- GRMN has a low debt to equity ratio of 0.2.
- Total GRMN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the GRMN balance sheet.
Negative Financial Indicators:
- GRMN profit margin has gone down from 25% to 22.8% in the past year.
Is Garmin stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who research GRMN, the consensus analyst rating on GRMN is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Garmin stock forecast page.
GRMN Technicals
GRMN Growth Metrics
Last year, GRMN earnings were $1.47B. Over the past five year, GRMN's earnings have increased by 8.4% per year. This was faster than the Scientific & Technical Instruments industry average of 6.98%.
Last year, GRMN revenue was $6.45B. During the past five year, GRMN's revenue has gone up by 10.89% per year. This was faster than the Scientific & Technical Instruments industry average of 8.54%.
You can analyze GRMN's earnings and revenue performance here.
Latest Insiders Trades at GRMN
In the past year, executives and large shareholders at GRMN have sold more shares than they have bought.
Susan Lyman, VP Consumer Sales Marketing of GRMN, was the latest GRMN insider to sell. They sold $609,677.79 worth of GRMN stock on Mar 10, 2025.
Learn more about who owns GRMN stock here.
Does GRMN stock generate passive income?
Garmin pays a dividend of 1.61%, compared to the Scientific & Technical Instruments industry's average dividend yield of 0.9%. If you owned $1,000 worth of GRMN stock, you would have been paid $16.05 in the past 12 months.
Garmin dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Garmin dividend yield and history here.
What do other traders have to say about GRMN?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your GRMN purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Press the Open Trade button and your broker will place the order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your GRMN investment
Now that you own some shares in GRMN, you'll want to stay up-to-date on your company.
Make a watchlist to track the most important metrics related to your GRMN stock.
GRMN Feed
How to Buy Stock in Garmin
To summarize, here are the 6 steps you need to take to buy Garmin stock right now:
- Figure out where to buy Garmin stock
- Open a brokerage account
- Deposit money your investment account
- Research Garmin stock
- Place your GRMN purchase
- Monitor your GRMN investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Garmin, create your watchlist below.
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