Belpointe PREP, LLC OZ

43.81 (0.20) (0.45%) as of 25 Sep
Market cap
$178.4M
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 178.40
Revenue 15.05
Net Income (43.74)
Free Cash Flow (54.98)
Net Debt 263.44
Current Ratio 1.45
Debt/Equity 1.08
P/E ratio 0.00
P/S ratio 11.49
P/B ratio 0.67
Past 5Y EPS Growth (161.19%)
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 20 25 24 16
Receivables — — — 5
Inventory — — — —
Other — — — —
20 25 24 21
2023 2024 2025 Q'26
Payables 13 13 12 3
ST’ Debt 4 3 — —
Other — — — —
26 26 18 14
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 146.47% 87.62%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (6.12%)

Revenue

Mar Jun Sep Dec Year
’26 4 5 — — —
’25 2 2 2 3 9
’24 0 0 1 1 3
’23 0 1 0 1 2
’22 0 0 0 0 1
’21 0 0 0 0 1
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (6) (4) — — —
’25 (7) (2) (6) (10) (25)
’24 (7) 1 (3) (5) (14)
’23 (1) (2) (2) (2) (7)
’22 (2) (1) (2) (2) (7)
’21 0 0 0 (2) (2)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (16) (5) — — —
’25 (27) (26) (18) (16) (87)
’24 (45) (40) (35) (32) (152)
’23 (22) (32) (46) (46) (147)
’22 (5) (15) (11) (15) (46)
’21 (1) (3) (1) (5) (10)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (2.75) (2.37) — — —
’25 (2.35) (2.06) (3.21) (3.08) (10.72)
’24 (1.10) (1.30) (1.90) (2.26) (6.56)
’23 (0.80) (1.16) (0.92) (1.17) (4.04)
’22 (0.60) (0.56) (0.30) (0.79) (2.25)
’21 (1.35k) (660.00) 0.96 2.00k (7.42)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 95.02 65.12 62.85 42.75 56.77

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 114.89 105.23 99.00 80.88 82.89
High Price
— — — — — — — — — —
Employees
— — — — 0 0 0 0 0 0
Revenue/Emp
— — — — 0 1 1 2 3 9
Revenue
— — — — 52.48% (14.34%) (173.83%) (85.40%) (155.66%) (62.90%)
Gross Margin
— — — — 0 (3) (8) (14) (24) (40)
EBT
— — — — (110.89%) (305.12%) (584.18%) (637.13%) (891.78%) (436.17%)
EBT Margin
— — — — 0 (3) (8) (14) (24) (40)
Net Income
— — — — 0 0 1 1 6 11
Depreciation
— — — — 1,010.00 2.43 0.41 0.63 0.74 2.46
Revenue/Sh
— — — — (1,120.00) (7.42) (2.25) (4.04) (6.56) (10.72)
Earnings/Sh
— — — — (120.00) (5.53) (1.95) (1.95) (3.76) (6.75)
Cash Flow/Sh
— — — — (27,000.00) (19.31) (11.59) (39.32) (37.89) (16.54)
Capex/Sh
— — — — (27,120.00) (24.83) (13.54) (41.28) (41.65) (23.29)
Free CF/Sh
— — — — (1,020.00) 789.55 97.37 91.48 83.57 73.67
Book Value/Sh
— — — — 0 0 3 4 4 4
Shares
— — — — 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — — — 0.00 41.17 233.95 116.66 105.27 26.44
PS Ratio
— — — — 0.12 0.13 0.98 0.81 0.93 0.88
PB Ratio
— — — — 0.00 (66.49) 189.13 118.23 163.17 52.45
EV/Sales
— — — — (13.50) 6.51 (5.69) (1.82) (2.88) (5.54)
EV/FCF
— — — — 0 (2) (7) (7) (14) (25)
Op' Cash Flow
— — — — (3) (8) (40) (140) (138) (62)
Capex
— — — — (3) (10) (46) (147) (152) (87)
FCF
— — — — (29) 213 135 (6) (1) 6
Working Cap'
— — — — 35 11 7 24 180 261
Total Debt
— — — — 28 (181) (136) 4 155 236
Net Debt
— — — — 0 324 333 325 304 275
Sh' Equity
— — — — (0.06%) (1.66%) (2.21%) (3.90%) (5.30%) (7.40%)
ROA
— — — — (0.23%) (1.60%) (3.03%) (2.74%) (3.31%) (4.65%)
ROIC
— — — — (0.07%) (1.94%) (2.34%) (4.36%) (7.58%) (13.83%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Belpointe PREP, LLC peers in Real Estate Development

All 15 Real Estate Development stocks →

Belpointe PREP, LLC (OZ) key facts

  • Belpointe PREP, LLC (OZ) is a Real Estate Development company in the Real Estate sector, listed on NYSE American.
  • Belpointe PREP, LLC’s revenue for fiscal 2025 (year ended December 2025) was $9.2 million, up 243.4% from fiscal 2024.
  • Belpointe PREP, LLC reported a net loss of $40.1 million, or a loss of $10.72 per share, for fiscal 2025.
  • As of September 25, 2026, OZ traded at $43.81, a market capitalization of $178.4 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 11.5× sales.
  • Return on equity was −13.8% and debt-to-equity 1.08.

Source: company filings (standardised) and stockrow calculations.

Belpointe PREP, LLC (OZ) Latest News

News by impact score

Fine-tune

13 Apr

3

Valkea Resources announces changes to its board and management as part of a planned leadership transition. Planned board and management changes signal moderate shifts in leadership that may influence strategic direction and operations.

8 Apr

3

Belpointe PREP, LLC (OZ) Chairman and CEO issued a letter to unitholders detailing the company's progress in Opportunity Zone investments, strategic updates, financial position, and outlook amid market challenges. Chairman and CEO letter provides direct insights into operations and strategy, likely influencing investor sentiment without fundamentally altering long-term trajectory.

10 Feb

4

Belpointe PREP, LLC (OZ) announced that its Aster & Links project has reached a significant leasing milestone, indicating strong demand and progress in its development efforts. This achievement reflects the company's commitment to enhancing its portfolio and meeting market needs. Reaching a leasing milestone suggests significant demand and could positively influence future financial performance and market positioning.

14 Jan

4

Belpointe PREP, LLC's VIV Development in Downtown St. Petersburg, Florida, has achieved a significant leasing milestone, with over 50% of its residential units now leased. This development is part of a broader strategy to enhance the local community and attract new residents. The project aims to provide modern living spaces and amenities, contributing to the revitalization of the downtown area. Achieving a leasing milestone in a key development project is likely to significantly impact future performance and investor sentiment.

13 Jan

4

Belpointe PREP, LLC has entered into an agreement to acquire a luxury multifamily development site in Darien, Connecticut. The project aims to enhance the company's portfolio in the Opportunity Zone sector, focusing on high-end residential offerings. This strategic move aligns with Belpointe's commitment to investing in premium real estate markets. Acquiring a luxury development site in a prime location is likely to significantly enhance Belpointe's market position and financial performance.

9 Oct

4

Belpointe PREP, LLC has secured a $204 million loan to refinance its properties, Aster and Links, located in Sarasota, Florida. This financing aims to enhance the company's portfolio and support its ongoing investment strategy in the Opportunity Zone market. Securing a substantial loan for refinancing indicates a significant strategic move that could enhance financial performance and investor sentiment.

6 Oct

3

Belpointe PREP, LLC has announced the commencement of leasing at VIV, a new development in St. Petersburg, Florida. This marks a significant milestone for the project, which aims to attract residents and businesses to the area. The leasing initiative is expected to enhance the local real estate market and contribute to the growth of the community. The start of leasing at VIV is likely to moderately influence Belpointe's financial performance and market positioning.

7 Aug

3

Belpointe PREP, LLC's Aster & Links has been recognized with two prestigious awards, highlighting its excellence in the industry. These accolades reflect the company's commitment to quality and innovation in its offerings, further establishing its reputation in the market. Awards can enhance brand reputation and market positioning, potentially influencing future performance.

27 May

4

Belpointe PREP, LLC announced that its mixed-use development, VIV, in St. Petersburg, Florida, is approximately 85% complete and is expected to begin leasing later this year. VIV aims to become a landmark destination with residential units and retail spaces, catering to the growing demand for quality living in the area. CEO Brandon Lacoff expressed excitement about the project, highlighting its potential to create long-term value for investors. Belpointe OZ has over 2,500 units in its development pipeline across four cities, with a total project cost exceeding $1.3 billion. The completion and leasing of VIV are expected to significantly enhance Belpointe OZ's market presence and investor sentiment.

13 May

3

Aster & Links has reached a significant leasing milestone, with one-third of its residential units now leased. This achievement reflects strong demand in the market and positions the development favorably within the competitive landscape. The leasing progress is expected to enhance the overall financial performance of Belpointe PREP, LLC (OZ) as it continues to attract residents. Leasing one-third of residential units indicates a moderately noticeable influence on financial performance and market positioning.

20 Mar

4

Belpointe PREP LLC (NYSEAMERICAN:OZ) is experiencing a significant decline in 2025, down 17.96% year-to-date, primarily due to receiving a noncompliance notice from NYSE American for failing to hold its annual meeting by the required deadline. The company faces execution risks and limited cash flow generation despite progress in its investment pipeline. Additionally, there are dilution risks from a filed registration statement to offer up to $1.5 billion of Class A units for sale. OZ ranks 12th among the worst-performing data center stocks this year, with analysts suggesting that AI stocks may offer better investment potential. The noncompliance notice and dilution risks are likely to significantly impact investor sentiment and the company's future performance.

10 Mar

4

Belpointe PREP, LLC (OZ) announced its unaudited net asset value (NAV) as of December 31, 2024, at $439,479,873 or $119.94 per Class A Unit, reflecting a $22 increase from September 30, 2024. This increase is attributed to improved valuations of its Florida assets, particularly the Aster & Links development in Sarasota, which is progressing well in leasing, and the Viv project in St. Petersburg, which is under construction. The company focuses on high-quality Opportunity Zone investments, aiming to create value for investors while benefiting from tax advantages. Belpointe OZ has over 2,500 units in its development pipeline across four cities, with a total project cost exceeding $1.3 billion. The increase in NAV and progress on key developments indicate significant potential for future performance and investor sentiment.

30 Jan

3

Belpointe PREP, LLC (NYSE American: OZ) has regained compliance with NYSE American listing standards after successfully completing its 2024 Annual Meeting of Unitholders on January 28, 2025. The company was previously notified of non-compliance due to the rescheduling of the meeting. With compliance restored, CEO Brandon Lacoff emphasized the focus on executing the investment strategy and creating long-term value through high-quality real estate investments in Opportunity Zones. Belpointe OZ has over 2,500 units in its development pipeline, with a total project cost exceeding $1.3 billion. Regaining compliance with listing standards positively influences investor sentiment and operational stability.

8 Jan

3

Belpointe PREP, LLC (OZ) has postponed its annual meeting to January 28, 2025, and announced that it is not in compliance with NYSE American's continued listing standards. The company is addressing the noncompliance issues as it prepares for the rescheduled meeting. Noncompliance with listing standards may affect investor confidence and operational aspects.

30 Aug

3

Belpointe OZ announced Q2 NAV of $356.78 million or $98.24 per Class A unit, with slight decrease due to Nashville market valuation change. Aster & Links property in Sarasota progressing well. The article highlights the impact of Q2 NAV and progress of flagship property, which may moderately influence Belpointe OZ's future performance.

3 Jun

3

Belpointe OZ announced Q1 2024 NAV of $361.66 million or $99.59 per Class A unit. The announcement may moderately influence the company's financial performance and market sentiment.

29 Feb

3

Belpointe OZ announced fourth quarter net asset value per Class A unit of $100.88. The announcement of stable NAV despite market challenges may moderately influence financial performance and investor sentiment.

7 Feb

4

AFC Gamma closes two syndicated commercial real estate loans totaling $56.4 million in January 2024. The loans provided to Belpointe PREP, LLC (OZ) for Aster & Links development in Sarasota, Florida are significant and could impact the company's future performance.

4

Southern Realty Trust provides $56.4 million mezzanine financing for 650,000+ SF multi-family community in Sarasota, Florida. The significant financing provided by Southern Realty Trust for the multi-family community development is expected to have a major impact on the future and market performance of Belpointe PREP, LLC (OZ).

17 Nov

3

Belpointe OZ announces third quarter net asset value per Class A unit of $103.50. The announcement of an increase in net asset value may moderately influence investor sentiment and financial performance.

14 Nov

4

Belpointe OZ partners with Greystar for property management of luxury buildings in Sarasota, FL. Partnership with Greystar for managing luxury properties in prime location expected to significantly impact Belpointe OZ's market performance and future trajectory.

10 Nov

3

Belpointe OZ to host investor presentation on November 17th at 4:30pm EST. The investor presentation may moderately influence the company's future performance and market sentiment.

19 Oct

3

Belpointe OZ addresses recent market volatility and Class A unit price decline. The article discusses potential impact on financial performance and market sentiment due to market volatility and unit price decline.

18 Sep

4

Belpointe OZ celebrates topping-off two luxury 10-story buildings in Sarasota, FL. The completion of the luxury buildings is a significant milestone that is expected to have a major impact on Belpointe OZ's future performance and market positioning.

1 Sep

4

Belpointe PREP, LLC announced second quarter net asset value per Class A unit of $98.58. Significant impact likely on future and performance due to the company's strong financial performance and ongoing flagship project progress.

15 Jun

4

Belpointe OZ breaks ground on 269-unit development in St. Petersburg, Florida. The construction of a 269-unit development in a prime location with extensive amenities is a significant strategic move that is expected to have a major impact on Belpointe OZ's future and market performance.

7 Jun

4

Belpointe OZ secures $130 million construction loan from Bank OZK for Sarasota development project Aster & Links. The significant loan amount and development project are expected to have a major impact on Belpointe OZ's future growth and market performance.

31 May

4

Belpointe PREP, LLC announced initial NAV per Class A unit of $99.82. The announcement of the NAV and progress on development projects could significantly impact the company's future performance and market sentiment.

24 May

4

Belpointe PREP, LLC signs lease agreement with Sprouts Farmers Market for 23,000 sq. ft. space in Sarasota, FL development. The agreement with Sprouts Farmers Market is a significant move that is expected to boost the local economy and enhance the value of the development.

17 May

4

Belpointe OZ announces a new offering for broker-dealers to participate in selling group for a $750 million raise. The offering has the potential to significantly impact Belpointe OZ's future by providing additional resources for investments and value creation.

stockrow.com/OZ · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com