SELECT * FROM future.stocks WHERE name like '%garmin%' LIMIT 1; How To Buy Garmin Stock ? - Grow Your Financial Portfolio

How To Buy Garmin Stock

You can buy Garmin shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Garmin shares with a broker like eToro or you can trade Garmin CFDs with XTB you can begin trading Garmin shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Garmin stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB FP Markets City Index Trading212 Plus500
Rating
Used By 12,000,000+ 250,000+ 10,000+ 14,000+ 14,000,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Garmin Stock. What you should know, Types of trading Garmin Stock and CFD's. Pros and Cons, everything is explained below.

Garmin Financial Details

Financial Details

Garmin Stock symbol GRMN
Garmin Sector and Industry Technology Hardware
Garmin Exchange NASDAQ - National Association of Securities Dealers Automated Quotations exchange
52 Week High $102.42
52 Week Low $68.01
Garmin Market Capitalisation $18,647,202,573.00
Garmin Average Volume 757,503.00
Garmin PE 23.92
Garmin EPS 4.1
Stock Currency USD

Overview of Garmin

Garmin is an American Technology Hardware company currently traded on the NASDAQ which fully known as the National Association of Securities Dealers Automated Quotations exchange.

Garmin trades under the stock symbol GRMN on the NASDAQ.

Garmin shares are exchanged in USD on the NASDAQ.

Garmin has a current share price of $98.11 USD dated 31/01/2020.

The highest Garmin share price over the last 52 weeks was $102.42 USD and its lowest price over the last 52 weeks was $68.01 USD. That is a 52 week price range of $68.01 - $102.42.

Garmin Trading Volume and PE

Garmin currently has 190,103,000.00 active shares in circulation traded through the NASDAQ exchange.

Garmin market capitalization is $18,647,202,573.00 with an average daily trading volume of 757,503.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Garmin has a Price Earning Ratio ( PE ) of 23.92 and earning per share ( EPS ) of 4.1. Generally speaking Garmin having a high P/E ratio means that Garmin investors forsee increased growth with Garmin in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Garmin earnings per share is Disney company profit that's allocated to every Garmin common stock. Earnings per share is calculated by taking the difference between Garmin's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Garmin shares outstanding.

Garmin Financial Charts

Financial Details

Garmin Information

Garmin Location & Contact Information

Address Muhlentalstrasse 2 Schaffhausen, 8200 Switzerland
Phone Number 41-52-630-1600
Website URL www.garmin.com

Garmin Executives and Board Members

Chairman/Co-Founder Dr Min H Kao
President/CEO Clifton A Pemble
CFO/Treasurer Douglas G Boessen
Garmin Board Member Dr Min H Kao
Garmin Board Member Rebecca R Tilden
Garmin Board Member Charles W Peffer

How To Buy Garmin Stock Guide

Buying Garmin Stocks and CFDs

When investing in Garmin you have several options as to what type of investment you wish to conduct. You can buy traditional Garmin shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Garmin shares with stock brokers and trading Garmin with CFDs below.

Garmin CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Garmin stock.

If you buy Garmin shares with a stock broker you actually own a share of Garmin. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Garmin price will change up or down.

Lets explain why you would buy Garmin as a CFD instead of as a share.

If you went and brought 100 Garmin shares at $100 a share with a stock broker you own $1000 of Garmin.

The main difference when trading Garmin as a CFD and buying Garmin as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Garmin you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Garmin. Trading an Garmin CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Garmin CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Garmin share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Garmin CFD long would be hoping to profit from a rise in the Garmin share price. An Garmin CFD short would be aiming to profit from a fall in the Garmin stock price. Trading CFDs allows traders to profit from both directions of the Garmin price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Garmin shares you can only profit from a rise in the Garmin stock price.

Garmin CFD and Stock Market Times

When trading in traditional Garmin shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Garmin Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Garmin stock. This limits your risk to your initial amount invested in Garmin. You can only lose the amount invested with traditional Garmin shares. Another benefit of buying Garmin shares with a broker is that you may be eligible to receive Garmin company dividends if applicable.

If you Invest in Garmin via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Garmin. If you buy Garmin stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Garmin benefits as in owning a certain amount of stock for a set period.

If you own shares in Garmin you may be eligible to voting rights at Garmin shareholder general meetings.

Garmin Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Garmin Stocks and shares are only exempt from tax if the Garmin shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Garmin Stocks and Shares or Garmin CFDs?

There are pros and cons to trading in both Garmin Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Garmin stocks and shares is better suited for long term investments. Historically Garmin shares provide better returns over the long term, usually a 10 year period.

Garmin CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Garmin share investors aim to profit on the fluctuating highs and lows of the Garmin price throughout the day. Day trading as you can imagine focuses on profiting from the daily Garmin stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Garmin stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Garmin share price for example to a known amount.

Example Cost of Buying Garmin as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Garmin CFD trade example Garmin Share deal example
Market price $98.11 $98.11
Broker Deal Invest $19.622 at 1:5 Margin (20%) Buy at $98.11 a share
Deal size 100 shares 100 shares
Initial outlay

$1962.2

(Margin = exposure x 20% margin factor)

$9811

(100 shares at $98.11)
Stamp duty No £20
Close price Sell at $117.732 Sell at $117.732
Estimated Profit

(19.622 point increase x 100 shares = $1962.2)

*Not including commission fees and taxes

($11773.2 - $9811 = $1962.2)

*Not including commission fees and taxes
Trade Garmin CFDs now with XTB Trade Garmin Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Garmin shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Garmin.