5 satellite stocks to watch in 2021 | finder.com

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Satellite stocks

Ready to invest in the space industry? Consider these 5 stocks.

The best satellite stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

How to buy satellite stocks

Sign up with an online broker or platform to invest in one of more of these satellite stocks.
  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Use our comparison table to narrow down top brokers by fees and bonuses.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for the stock you're interested in. Find the stock by name or ticker symbol, like IRDM or VSAT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Invest in the space industry today with a market order or use a limit order to delay your purchase until the stock reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy fractional shares, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of a satellite company. Optimize your portfolio by tracking how your stock — and even the space sector as a whole — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare satellite stocks

We round up a selection of stocks in or related to the farm industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

1. Iridium Communications (IRDM)

Iridium Communications stock opened the day at $35.52 after a previous close of $35.93. The latest price was $37.69 (25 minute delay). Iridium Communications is listed on the NASDAQ, has a trailing 12-month revenue of around USD583.4 million and employs 516 staff.

  • Market capitalization: $5,554,877,440
  • PEG ratio: 1.42

2. Viasat (VSAT)

Viasat stock opened the day at $54.12 after a previous close of $53.71. The latest price was $55.77 (25 minute delay). Viasat is listed on the NASDAQ, has a trailing 12-month revenue of around USD$2.3 billion and employs 6,100 staff.

  • Market capitalization: $3,344,195,584
  • P/E ratio: 5397
  • PEG ratio: 94.32

3. EchoStar Corporation (SATS)

EchoStar Corporation stock opened the day at $26.64 after a previous close of $26.64. The latest price was $27.18 (25 minute delay). EchoStar Corporation is listed on the NASDAQ, has a trailing 12-month revenue of around USD$1.9 billion and employs 2,400 staff.

  • Market capitalization: $2,266,938,368
  • PEG ratio: 13.41

4. Maxar Technologies (MAXR)

Maxar Technologies stock opened the day at $45.69 after a previous close of $44.78. The latest price was $46.23 (25 minute delay). Maxar Technologies is listed on the NYSE, has a trailing 12-month revenue of around USD$1.7 billion and employs 4,300 staff.

  • Market capitalization: $2,660,786,944
  • P/E ratio: 7.4369

5. Gilat Satellite Networks (GILT)

Gilat Satellite Networks stock opened the day at $12.92 after a previous close of $12.54. The latest price was $13.42 (25 minute delay). Gilat Satellite Networks is listed on the NASDAQ, has a trailing 12-month revenue of around USD$165.9 million and employs 779 staff.

  • Market capitalization: $603,827,712
  • P/E ratio: 17.0111
  • PEG ratio: 0

Compare trading platforms

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in satellite stocks.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
N/A
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
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Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Bottom line

While it’s possible to turn a profit investing in satellite stocks, keep in mind that — like any investment — satellite stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the space industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

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