Zacks Research Issues Negative Forecast for Copa Earnings

Copa Holdings, S.A. (NYSE:CPA) – Equities research analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for Copa in a report issued on Tuesday, May 20th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings per share of $4.39 for the quarter, down from their previous estimate of $4.49. The consensus estimate for Copa’s current full-year earnings is $15.48 per share. Zacks Research also issued estimates for Copa’s Q3 2026 earnings at $3.63 EPS and Q1 2027 earnings at $4.22 EPS.

Copa (NYSE:CPA) last posted its quarterly earnings results on Wednesday, May 7th. The transportation company reported $4.28 EPS for the quarter, topping the consensus estimate of $3.77 by $0.51. The company had revenue of $899.18 million for the quarter, compared to the consensus estimate of $888.82 million. Copa had a net margin of 17.67% and a return on equity of 26.70%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $4.19 EPS.

Several other research firms also recently commented on CPA. Wall Street Zen downgraded Copa from a “buy” rating to a “hold” rating in a report on Saturday, May 17th. Cowen reissued a “buy” rating on shares of Copa in a research report on Wednesday, May 14th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $150.83.

Copa Stock Performance

Shares of NYSE:CPA opened at $106.51 on Friday. The firm’s 50 day simple moving average is $93.49 and its 200-day simple moving average is $92.90. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 1.10. Copa has a one year low of $80.01 and a one year high of $107.71. The firm has a market cap of $4.39 billion, a PE ratio of 7.32, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

Copa Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $1.61 per share. The ex-dividend date is Friday, May 30th. This represents a $6.44 dividend on an annualized basis and a yield of 6.05%. Copa’s dividend payout ratio is currently 43.96%.

Institutional Trading of Copa

Several hedge funds and other institutional investors have recently bought and sold shares of CPA. Assenagon Asset Management S.A. bought a new position in shares of Copa in the 4th quarter worth $1,438,000. Barclays PLC grew its stake in Copa by 44.2% in the third quarter. Barclays PLC now owns 24,721 shares of the transportation company’s stock valued at $2,319,000 after purchasing an additional 7,576 shares during the last quarter. Bridgewater Associates LP bought a new position in Copa in the fourth quarter worth about $961,000. Invesco Ltd. raised its holdings in Copa by 37.1% in the fourth quarter. Invesco Ltd. now owns 12,276 shares of the transportation company’s stock worth $1,079,000 after purchasing an additional 3,320 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in shares of Copa by 12.9% during the fourth quarter. Marshall Wace LLP now owns 178,127 shares of the transportation company’s stock valued at $15,654,000 after buying an additional 20,324 shares during the last quarter. Institutional investors own 70.09% of the company’s stock.

About Copa

Copa Holdings, SA, through its subsidiaries, provides airline passenger and cargo services. The company offers approximately 375 daily scheduled flights to 82 destinations in 32 countries in North, Central, and South America, as well as the Caribbean from its Panama City hub. As of December 31, 2023, it operated a fleet of 106 aircraft comprising 76 Boeing 737-Next Generation aircraft, 29 Boeing 737 MAX 9 aircraft, and one Boeing 737-800 Boeing Converted Freighter.