SCI - Service Corporation International's Rapid Stock Price Growth Is Coming To An End

Service Corporation International (SCI) is the largest owner of deathcare businesses comprising funeral homes, cemeteries, and crematories in North America.

SCI stock has previously seen a boom and bust cycle. In 1998 SCI’s stock reached $40 per share (the old stock ticker then was SRV until 2004) as investors bid the price up. The baby boomer population peaked in 1999. A year later the stock sunk to less than $1.70. In its annual report SCI describes what happened:

“During the mid to late 1990s, acquisitions of deathcare facilities became extremely competitive, resulting

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