Zacks Research Weighs in on Copa’s Q3 Earnings (NYSE:CPA)

Copa Holdings, S.A. (NYSE:CPA) – Stock analysts at Zacks Research lifted their Q3 2026 earnings estimates for shares of Copa in a research note issued to investors on Wednesday, August 26th. Zacks Research analyst Team now anticipates that the transportation company will post earnings of $4.03 per share for the quarter, up from their previous estimate of $3.98. The consensus estimate for Copa’s current full-year earnings is $15.76 per share. Zacks Research also issued estimates for Copa’s Q4 2026 earnings at $5.05 EPS, FY2026 earnings at $15.91 EPS, Q1 2027 earnings at $5.01 EPS, Q2 2027 earnings at $4.66 EPS, Q3 2027 earnings at $4.24 EPS, Q4 2027 earnings at $3.97 EPS, FY2027 earnings at $17.87 EPS, Q1 2028 earnings at $5.00 EPS, Q2 2028 earnings at $5.50 EPS and FY2028 earnings at $23.64 EPS.

Copa (NYSE:CPA) last announced its quarterly earnings data on Saturday, August 8th. The transportation company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.21). Copa had a return on equity of 22.40% and a net margin of 15.71%.The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the company posted $3.61 EPS. The firm’s quarterly revenue was up 25.7% compared to the same quarter last year.

Other research analysts have also recently issued reports about the stock. The Goldman Sachs Group increased their price target on shares of Copa from $138.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Copa in a report on Tuesday, August 11th. Wall Street Zen cut Copa from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th. Raymond James Financial cut their target price on Copa from $195.00 to $185.00 and set a “strong-buy” rating for the company in a research note on Monday. Finally, Jefferies Financial Group started coverage on Copa in a report on Thursday, June 18th. They issued a “buy” rating and a $185.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Copa has a consensus rating of “Buy” and an average price target of $172.20.

Copa Stock Down 0.9%

Shares of NYSE:CPA opened at $132.32 on Thursday. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 1.20 and a beta of 1.01. The firm’s 50-day simple moving average is $143.33 and its 200-day simple moving average is $133.56. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. Copa has a fifty-two week low of $107.44 and a fifty-two week high of $160.46.

Institutional Investors Weigh In On Copa

Institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in Copa by 56.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 340,554 shares of the transportation company’s stock valued at $31,488,000 after purchasing an additional 122,413 shares in the last quarter. Invesco Ltd. boosted its position in Copa by 585.6% during the second quarter. Invesco Ltd. now owns 94,361 shares of the transportation company’s stock worth $10,377,000 after purchasing an additional 80,598 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in Copa in the second quarter valued at $435,000. NewEdge Advisors LLC acquired a new stake in Copa in the second quarter valued at $1,419,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Copa in the second quarter valued at $12,875,000. Hedge funds and other institutional investors own 70.09% of the company’s stock.

Copa Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $1.71 per share. This represents a $6.84 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Monday, August 31st. Copa’s dividend payout ratio (DPR) is presently 44.97%.

Copa News Summary

Here are the key news stories impacting Copa this week:

• Positive Sentiment: Zacks raised its EPS forecasts for Q3 2026 to $4.03 from $3.98, Q4 2026 to $5.05 from $5.02, Q1 2027 to $5.01 from $4.94, and Q2 2027 to $4.66 from $4.65. The firm also increased its Q1 2028 estimate to $5.00 from $4.74, Q2 2028 to $5.50 from $5.32, and FY2028 to $23.64 from $23.52, suggesting improved longer-term earnings potential.
• Positive Sentiment: Analysts maintain a consensus rating of “Buy” on CPA, indicating that Wall Street’s overall view remains favorable despite the forecast adjustments. Copa Holdings Receives Consensus Buy Rating
• Neutral Sentiment: Zacks’ updated forecasts imply FY2026 EPS of $15.91, slightly above the current consensus estimate of $15.76. However, the estimate was lowered from $16.06, making the change broadly mixed rather than decisively bullish.
• Negative Sentiment: Zacks cut its FY2027 EPS forecast to $17.87 from $18.24, reduced Q3 2027 EPS to $4.24 from $4.49, and lowered Q4 2027 EPS to $3.97 from $4.16. These reductions point to some moderation in expected earnings growth and could weigh on investor sentiment.

About Copa

Copa Holdings, SA (NYSE:CPA) is a Panama?based aviation holding company that provides passenger and cargo air transportation across the Americas and the Caribbean. Through its principal subsidiary, Copa Airlines, the company operates a modern fleet of Boeing 737 aircraft, offering scheduled flights that connect passengers through its Tocumen International Airport hub in Panama City. The company also offers dedicated cargo services under the Copa Cargo brand, leveraging belly hold capacity on its passenger flights to transport freight throughout its network.

The roots of Copa Holdings trace back to 1947, when Compañía Panameña de Aviación began operations as the flag carrier of Panama.